The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Loar Holdings Inc shares valued at $20,424,929 were sold by LEVY PAUL S on Dec 12 ’24. At $81.17 per share, LEVY PAUL S sold 251,616 shares. The insider’s holdings dropped to 9,357,002 shares worth approximately $782.9 million following the completion of this transaction.
Also, Manella Michael J. sold 28,153 shares, netting a total of over 2,285,320 in proceeds. Following the sale of shares at $81.17 each, the insider now holds 580,388 shares.
Before that, D’Alessandro Glenn had sold 28,518 shares from its account. In a trade valued at $2,314,949, the insider traded Loar Holdings Inc shares for $81.17 each. Upon closing the transaction, the insider’s holdings decreased to 28,518 shares, worth approximately $88.73 million.
As published in a research note from Morgan Stanley on April 03, 2025, Loar Holdings Inc [LOAR] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $91. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in early June. As of May 20, 2024, RBC Capital Mkts has initiated its “an Outperform” rating for LOAR. Earlier on May 20, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for LOAR stock.
Analyzing LOAR Stock Performance
During the last five days, there has been a drop of approximately -13.55%. Over the course of the year, Loar Holdings Inc shares have jumped approximately 13.21%. Shares of the company reached a 52-week high of $99.67 on 05/12/25 and a 52-week low of $62.10 on 03/13/25. A 50-day SMA is recorded $80.00, while a 200-day SMA reached $77.40.
Support And Resistance Levels for Loar Holdings Inc (LOAR)
According to the 24-hour chart, there is a support level at 81.91, which, if violated, would cause prices to drop to 80.14. In the upper region, resistance lies at 85.12. The next price resistance is at 86.56. RSI (Relative Strength Index) is 42.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.55, which suggests the price will decrease in the coming days. Percent R is at 87.34%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
