Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. RLJ Lodging Trust shares valued at $80,298 were purchased by Gibson Patricia L on Mar 28 ’25. At $8.03 per share, Gibson Patricia L acquired 10,000 shares. The insider’s holdings grew to 124,217 shares worth approximately $0.99 million following the completion of this transaction.
Also, Gibson Patricia L purchased 10,000 shares, netting a total of over 93,783 in proceeds. Following the buying of shares at $9.38 each, the insider now holds 114,217 shares.
As published in a research note from Truist on March 21, 2025, RLJ Lodging Trust [RLJ] has been rated down from a Buy to a Hold and the price target has been revised to $10 from $11. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in late September. As of September 13, 2024, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for RLJ. Earlier on August 05, 2024, Compass Point downgraded its rating. Their new recommendation was “a Neutral” for RLJ stock which previously was a “a Buy”.
Analyzing RLJ Stock Performance
During the last five days, there has been a drop of approximately -4.44%. Over the course of the year, RLJ Lodging Trust shares have dropped approximately -22.04%. Shares of the company reached a 52-week high of $10.24 on 01/28/25 and a 52-week low of $7.79 on 03/31/25. A 50-day SMA is recorded $9.21, while a 200-day SMA reached $9.48.
Support And Resistance Levels for RLJ Lodging Trust (RLJ)
According to the 24-hour chart, there is a support level at 7.87, which, if violated, would cause prices to drop to 7.77. In the upper region, resistance lies at 8.04. The next price resistance is at 8.11. RSI (Relative Strength Index) is 30.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.48, which suggests the price will decrease in the coming days. Percent R is at 86.41%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.