Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lamar Advertising Co shares valued at $28,947 were purchased by Fletcher Nancy on Feb 24 ’25. At $123.18 per share, Fletcher Nancy acquired 235 shares. The insider’s holdings grew to 5,725 shares worth approximately $0.65 million following the completion of this transaction.
Also, KOERNER JOHN E III sold 17,000 shares, netting a total of over 2,040,866 in proceeds. Following the sale of shares at $120.05 each, the insider now holds 32,178 shares.
As published in their initiating research note from Wells Fargo on September 19, 2024, Lamar Advertising Co [LAMR] has been an Equal weight and the price target has been revised to $132. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in mid July. As of July 11, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for LAMR. Earlier on July 07, 2022, Citigroup upgraded its rating. Their new recommendation was “a Buy” for LAMR stock which previously was a “a Neutral”.
Analyzing LAMR Stock Performance
During the last five days, there has been a surge of approximately 2.76%. Over the course of the year, Lamar Advertising Co shares have dropped approximately -6.51%. Shares of the company reached a 52-week high of $133.01 on 02/19/25 and a 52-week low of $99.84 on 04/09/25. A 50-day SMA is recorded $115.06, while a 200-day SMA reached $123.71.
Support And Resistance Levels for Lamar Advertising Co (LAMR)
According to the 24-hour chart, there is a support level at 112.26, which, if violated, would cause prices to drop to 110.72. In the upper region, resistance lies at 114.73. The next price resistance is at 115.65. RSI (Relative Strength Index) is 53.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.01, which suggests the price will increase in the coming days. Percent R is at 13.57%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
