Live Oak Bancshares Inc’s recently made public that its Chief Accounting Officer SUTHERLAND JOHN W. unloaded Company’s shares for reported $0.62 million on Nov 13 ’24. In the deal valued at $49.00 per share,12,588 shares were sold. As a result of this transaction, SUTHERLAND JOHN W. now holds 14,015 shares worth roughly $0.37 million.
Then, SUTHERLAND JOHN W. bought 12,588 shares, generating $616,837 in total proceeds.
Before that, Seward Gregory W sold 10,000 shares. Live Oak Bancshares Inc shares valued at $470,169 were divested by the General Counsel at a price of $47.02 per share. As a result of the transaction, Seward Gregory W now holds 86,882 shares, worth roughly $2.32 million.
JP Morgan upgraded its Live Oak Bancshares Inc [LOB] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in late April from “an Underweight” to “a Neutral”. JP Morgan revised its rating on December 13, 2022. It rated LOB as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of LOB
On Tuesday, Live Oak Bancshares Inc [NYSE:LOB] saw its stock fall -1.07% to $26.75. Over the last five days, the stock has gained 7.17%. Live Oak Bancshares Inc shares have fallen nearly -32.36% since the year began. Nevertheless, the stocks have fallen -21.97% over the past one year. While a 52-week high of $50.57 was reached on 01/22/25, a 52-week low of $22.68 was recorded on 04/09/25. SMA at 50 days reached $27.66, while 200 days put it at $38.88.
Levels Of Support And Resistance For LOB Stock
The 24-hour chart illustrates a support level at 26.24, which if violated will result in even more drops to 25.74. On the upside, there is a resistance level at 27.19. A further resistance level may holdings at 27.64. The Relative Strength Index (RSI) on the 14-day chart is 54.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.35%. Stochastics %K at 92.56% indicates the stock is a selling.
How much short interest is there in Live Oak Bancshares Inc?
A steep rise in short interest was recorded in Live Oak Bancshares Inc stocks on 2025-04-15, growing by 0.15 million shares to a total of 1.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.4 million shares. There was a rise of 9.97%, which implies that there is a positive sentiment for the stock.
