Lazard Inc’s recent filing unveils that its CEO & Chairman Orszag Peter Richard unloaded Company’s shares for reported $2.94 million on Mar 17 ’25. In the deal valued at $45.56 per share,64,539 shares were sold. As a result of this transaction, Orszag Peter Richard now holds 170,285 shares worth roughly $6.05 million.
Then, Orszag Peter Richard sold 64,539 shares, generating $2,919,813 in total proceeds. Upon selling the shares at $45.24, the CEO & Chairman now owns 234,824 shares.
Before that, Orszag Peter Richard bought 64,539 shares. Lazard Inc shares valued at $2,912,000 were divested by the Officer at a price of $45.12 per share.
Morgan Stanley downgraded its Lazard Inc [LAZ] rating to an Underweight from a an Equal-weight in a research note published on April 07, 2025; the price target was decreased to $33 from $56. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Peer perform”. Keefe Bruyette also remained covering LAZ and has decreased its forecast on December 20, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Morgan Stanley revised its rating on December 09, 2024. It rated LAZ as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of LAZ
On Thursday, Lazard Inc [NYSE:LAZ] saw its stock jump 1.92% to $35.54. Over the last five days, the stock has gained 1.63%. Lazard Inc shares have fallen nearly -30.96% since the year began. Nevertheless, the stocks have fallen -4.28% over the past one year. While a 52-week high of $61.14 was reached on 01/30/25, a 52-week low of $31.97 was recorded on 04/07/25. SMA at 50 days reached $45.61, while 200 days put it at $49.09.
Levels Of Support And Resistance For LAZ Stock
The 24-hour chart illustrates a support level at 34.87, which if violated will result in even more drops to 34.21. On the upside, there is a resistance level at 35.98. A further resistance level may holdings at 36.42. The Relative Strength Index (RSI) on the 14-day chart is 36.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.32%. Stochastics %K at 24.70% indicates the stock is a holding.
How much short interest is there in Lazard Inc?
A steep rise in short interest was recorded in Lazard Inc stocks on 2025-03-31, dropping by -0.99 million shares to a total of 5.45 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.44 million shares. There was a decline of -18.19%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 12, 2024 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $51 price target.
