In a filing, Lear Corp revealed its Director Lache Rod acquired Company’s shares for reported $0.2 million on Mar 05 ’25. In the deal valued at $91.80 per share,2,178 shares were bought. As a result of this transaction, Lache Rod now holds 2,178 shares worth roughly $0.17 million.
Then, MALLETT CONRAD L JR sold 1,278 shares, generating $159,175 in total proceeds. Upon selling the shares at $124.55, the Director now owns 0 shares.
Before that, SMITH GREG C sold 2,392 shares. Lear Corp shares valued at $296,273 were divested by the Director at a price of $123.86 per share. As a result of the transaction, SMITH GREG C now holds 0 shares, worth roughly $0.0.
Goldman downgraded its Lear Corp [LEA] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Barclays also remained covering LEA and has decreased its forecast on October 30, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating.
Price Performance Review of LEA
On Friday, Lear Corp [NYSE:LEA] saw its stock jump 1.36% to $77.37. Over the last five days, the stock has lost -5.01%. Lear Corp shares have fallen nearly -18.30% since the year began. Nevertheless, the stocks have fallen -43.46% over the past one year. While a 52-week high of $138.69 was reached on 02/06/25, a 52-week low of $73.85 was recorded on 04/09/25. SMA at 50 days reached $92.56, while 200 days put it at $102.07.
Levels Of Support And Resistance For LEA Stock
The 24-hour chart illustrates a support level at 75.28, which if violated will result in even more drops to 73.18. On the upside, there is a resistance level at 78.49. A further resistance level may holdings at 79.60. The Relative Strength Index (RSI) on the 14-day chart is 35.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.19%. Stochastics %K at 21.06% indicates the stock is a holding.
How much short interest is there in Lear Corp?
A steep rise in short interest was recorded in Lear Corp stocks on 2025-03-31, dropping by -0.11 million shares to a total of 1.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.02 million shares. There was a decline of -5.6%, which implies that there is a negative sentiment for the stock.
