The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Light & Wonder Inc shares valued at $398,720 were sold by Lane Siobhan on Mar 06 ’25. At $105.37 per share, Lane Siobhan sold 3,784 shares. The insider’s holdings dropped to 21,254 shares worth approximately $2.11 million following the completion of this transaction.
Also, Kalabic Vanja sold 1,132 shares, netting a total of over 118,192 in proceeds. Following the sale of shares at $104.41 each, the insider now holds 5,016 shares.
Before that, Wilson Matthew R. had sold 18,243 shares from its account. In a trade valued at $1,908,298, the President & CEO traded Light & Wonder Inc shares for $104.60 each. Upon closing the transaction, the insider’s holdings decreased to 18,243 shares, worth approximately $14.13 million.
As published in a research note from Citigroup on February 19, 2025, Light & Wonder Inc [LNW] has been rated up from a Neutral to a Buy. As of September 25, 2024, UBS has increased its “Neutral” rating to a “Buy” for LNW. Earlier on August 26, 2024, Maxim Group initiated its rating. Their recommendation was “a Buy” for LNW stock.
Analyzing LNW Stock Performance
During the last five days, there has been a drop of approximately -4.76%. Over the course of the year, Light & Wonder Inc shares have jumped approximately 15.03%. Shares of the company reached a 52-week high of $113.94 on 03/03/25 and a 52-week low of $84.00 on 01/10/25. A 50-day SMA is recorded $98.32, while a 200-day SMA reached $98.46.
Support And Resistance Levels for Light & Wonder Inc (LNW)
According to the 24-hour chart, there is a support level at 97.54, which, if violated, would cause prices to drop to 95.72. In the upper region, resistance lies at 102.76. The next price resistance is at 106.17. RSI (Relative Strength Index) is 43.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 97.43%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
