Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dorian LPG Ltd shares valued at $310,625 were purchased by HADJIPATERAS JOHN C on Apr 08 ’25. At $17.75 per share, HADJIPATERAS JOHN C acquired 17,500 shares. The insider’s holdings grew to 138,500 shares worth approximately $2.77 million following the completion of this transaction.
Also, HADJIPATERAS JOHN C purchased 12,500 shares, netting a total of over 221,875 in proceeds. Following the buying of shares at $17.75 each, the insider now holds 1,824,386 shares.
Before that, LORENTZEN OIVIND had sold 23,386 shares from its account. In a trade valued at $540,450, the Director traded Dorian LPG Ltd shares for $23.11 each. Upon closing the transaction, the insider’s holdings decreased to 23,386 shares, worth approximately $0.98 million.
As published in a research note from DNB Markets on July 03, 2024, Dorian LPG Ltd [LPG] has been rated up from a Hold to a Buy and the price target has been revised to $52. Analysts at DNB Markets downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late January. As of November 20, 2023, Jefferies has increased its “Hold” rating to a “Buy” for LPG. Earlier on October 16, 2023, Pareto upgraded its rating. Their new recommendation was “a Buy” for LPG stock which previously was a “a Hold”.
Analyzing LPG Stock Performance
During the last five days, there has been a surge of approximately 6.37%. Over the course of the year, Dorian LPG Ltd shares have dropped approximately -15.44%. Shares of the company reached a 52-week high of $27.53 on 01/15/25 and a 52-week low of $16.66 on 04/04/25. A 50-day SMA is recorded $21.55, while a 200-day SMA reached $29.20.
Support And Resistance Levels for Dorian LPG Ltd (LPG)
According to the 24-hour chart, there is a support level at 19.64, which, if violated, would cause prices to drop to 19.25. In the upper region, resistance lies at 20.33. The next price resistance is at 20.63. RSI (Relative Strength Index) is 46.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 42.78%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
