Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lennar Corp shares valued at $3,064,775 were sold by SONNENFELD JEFFREY on Oct 28 ’24. At $175.13 per share, SONNENFELD JEFFREY sold 17,500 shares. The insider’s holdings dropped to 23,689 shares worth approximately $2.59 million following the completion of this transaction.
Also, JEFFREY SONNENFELD purchased 17,500 shares, netting a total of over 3,064,784 in proceeds.
Before that, Jeffrey J. McCall had added 10,000 shares to its account. In a trade valued at $1,809,700, the Officer bought Lennar Corp shares for $180.97 each.
As published in a research note from Evercore ISI on March 24, 2025, Lennar Corp [LEN] has been rated down from an Outperform to an In-line and the price target has been revised to $131 from $159. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid March. As of March 06, 2025, Seaport Research Partners has increased its “Neutral” rating to a “Buy” for LEN. Earlier on January 10, 2025, RBC Capital Mkts upgraded its rating. Their new recommendation was “a Sector perform” for LEN stock which previously was a “an Underperform”.
Analyzing LEN Stock Performance
During the last five days, there has been a surge of approximately 6.29%. Over the course of the year, Lennar Corp shares have dropped approximately -16.65%. Shares of the company reached a 52-week high of $143.76 on 01/17/25 and a 52-week low of $98.42 on 04/09/25. A 50-day SMA is recorded $115.79, while a 200-day SMA reached $152.33.
Support And Resistance Levels for Lennar Corp (LEN)
According to the 24-hour chart, there is a support level at 107.32, which, if violated, would cause prices to drop to 105.42. In the upper region, resistance lies at 110.35. The next price resistance is at 111.48. RSI (Relative Strength Index) is 47.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.06, which suggests the price will increase in the coming days. Percent R is at 38.16%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
