Lowe’s Cos., Inc’s recent filing unveils that its Director Simkins Lawrence acquired Company’s shares for reported $0.25 million on Dec 20 ’24. In the deal valued at $245.53 per share,1,000 shares were bought. As a result of this transaction, Simkins Lawrence now holds 1,000 shares worth roughly $0.23 million.
Then, Vance Quonta D sold 7,198 shares, generating $1,974,881 in total proceeds. Upon selling the shares at $274.37, the EVP, Pro & Home Services now owns 16,703 shares.
Before that, Vance Quonta D bought 7,198 shares. Lowe’s Cos., Inc shares valued at $1,974,882 were divested by the Officer at a price of $274.37 per share.
KeyBanc Capital Markets upgraded its Lowe’s Cos., Inc [LOW] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who increased its forecast for the stock in early November from “a Market perform” to “an Outperform”. Bernstein began covering LOW with “an Outperform” recommendation on October 22, 2024. Loop Capital revised its rating on October 09, 2024. It rated LOW as “a Buy” which previously was an “a Hold”.
Price Performance Review of LOW
On Monday, Lowe’s Cos., Inc [NYSE:LOW] saw its stock fall -0.88% to $225.19. Over the last five days, the stock has gained 1.83%. Lowe’s Cos., Inc shares have fallen nearly -8.76% since the year began. Nevertheless, the stocks have fallen -1.02% over the past one year. While a 52-week high of $287.01 was reached on 01/27/25, a 52-week low of $206.38 was recorded on 04/09/25. SMA at 50 days reached $228.50, while 200 days put it at $249.94.
Levels Of Support And Resistance For LOW Stock
The 24-hour chart illustrates a support level at 223.82, which if violated will result in even more drops to 222.44. On the upside, there is a resistance level at 226.84. A further resistance level may holdings at 228.48. The Relative Strength Index (RSI) on the 14-day chart is 51.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.67%. Stochastics %K at 86.77% indicates the stock is a selling.
The most recent change occurred on October 02, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $275.
