In a filing, Landstar System, Inc revealed its VP and CFO Todd James P unloaded Company’s shares for reported $0.18 million on Nov 06 ’24. In the deal valued at $184.32 per share,1,000 shares were sold. As a result of this transaction, Todd James P now holds 14,083 shares worth roughly $1.97 million.
Then, BANNISTER DAVID G/ sold 5,000 shares, generating $885,000 in total proceeds. Upon selling the shares at $177.00, the Director now owns 24,645 shares.
Before that, BANNISTER DAVID G/ sold 5,000 shares. Landstar System, Inc shares valued at $881,836 were divested by the Director at a price of $176.37 per share. As a result of the transaction, BANNISTER DAVID G/ now holds 29,645 shares, worth roughly $4.16 million.
TD Cowen reiterated its Landstar System, Inc [LSTR] rating to a Hold in a research note published on April 03, 2025; the price target was $145. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid March with a ‘”a Hold”‘ rating. Raymond James also remained covering LSTR and has decreased its forecast on November 15, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. TD Cowen maintained its rating on October 30, 2024. It rated LSTR as “a Hold”.
Price Performance Review of LSTR
On Tuesday, Landstar System, Inc [NASDAQ:LSTR] saw its stock fall -2.50% to $140.21. Over the last five days, the stock has gained 6.45%. Landstar System, Inc shares have fallen nearly -17.44% since the year began. Nevertheless, the stocks have fallen -22.25% over the past one year. While a 52-week high of $194.54 was reached on 01/16/25, a 52-week low of $128.99 was recorded on 04/09/25. SMA at 50 days reached $143.24, while 200 days put it at $170.09.
Levels Of Support And Resistance For LSTR Stock
The 24-hour chart illustrates a support level at 137.14, which if violated will result in even more drops to 134.07. On the upside, there is a resistance level at 145.64. A further resistance level may holdings at 151.07. The Relative Strength Index (RSI) on the 14-day chart is 52.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 42.27%. Stochastics %K at 59.77% indicates the stock is a holding.
The most recent change occurred on July 31, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $176.
