Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Luminar Technologies Inc shares valued at $371,254 were sold by Heng Jun Hong on Dec 23 ’24. At $5.10 per share, Heng Jun Hong sold 72,842 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Jun Hong Heng purchased 72,842 shares, netting a total of over 385,334 in proceeds.
As published in a research note from JP Morgan on May 15, 2025, Luminar Technologies Inc [LAZR] has been rated down from an Overweight to a Neutral. As of April 10, 2024, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for LAZR. Earlier on January 17, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for LAZR stock which previously was a “a Buy”.
Analyzing LAZR Stock Performance
During the last five days, there has been a drop of approximately -0.50%. Over the course of the year, Luminar Technologies Inc shares have dropped approximately -26.39%. Shares of the company reached a 52-week high of $10.40 on 01/07/25 and a 52-week low of $3.30 on 04/16/25. A 50-day SMA is recorded $4.80, while a 200-day SMA reached $9.14.
Support And Resistance Levels for Luminar Technologies Inc (LAZR)
According to the 24-hour chart, there is a support level at 3.81, which, if violated, would cause prices to drop to 3.65. In the upper region, resistance lies at 4.14. The next price resistance is at 4.31. RSI (Relative Strength Index) is 44.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.34, which suggests the price will decrease in the coming days. Percent R is at 70.59%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
