Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lindsay Corporation shares valued at $1,037,273 were sold by Wood Randy A on Jan 30 ’25. At $135.61 per share, Wood Randy A sold 7,649 shares. The insider’s holdings dropped to 35,758 shares worth approximately $4.44 million following the completion of this transaction.
Also, RANDY WOOD purchased 7,649 shares, netting a total of over 1,037,252 in proceeds.
Before that, Ketcham Brian L had sold 2,500 shares from its account. In a trade valued at $312,455, the Senior Vice President and CFO traded Lindsay Corporation shares for $124.98 each. Upon closing the transaction, the insider’s holdings decreased to 2,500 shares, worth approximately $1.38 million.
As published in a research note from Northcoast on April 05, 2024, Lindsay Corporation [LNN] has been rated up from a Neutral to a Buy and the price target has been revised to $142. Analysts at ROTH MKM upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of September 15, 2023, Stifel has decreased its “Buy” rating to a “Hold” for LNN. Earlier on August 15, 2022, Northcoast downgraded its rating. Their new recommendation was “a Neutral” for LNN stock which previously was a “a Buy”.
Analyzing LNN Stock Performance
During the last five days, there has been a surge of approximately 0.46%. Over the course of the year, Lindsay Corporation shares have jumped approximately 4.86%. Shares of the company reached a 52-week high of $140.26 on 01/28/25 and a 52-week low of $114.81 on 04/08/25. A 50-day SMA is recorded $129.26, while a 200-day SMA reached $124.86.
Support And Resistance Levels for Lindsay Corporation (LNN)
According to the 24-hour chart, there is a support level at 123.10, which, if violated, would cause prices to drop to 122.14. In the upper region, resistance lies at 125.12. The next price resistance is at 126.17. RSI (Relative Strength Index) is 45.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.72, which suggests the price will decrease in the coming days. Percent R is at 53.96%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
