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. LifeMD Inc shares valued at $165,684 were sold by Schreiber Justin on May 01 ’25. At $7.53 per share, Schreiber Justin sold 21,995 shares. The insider’s holdings dropped to 2,553,726 shares worth approximately $29.34 million following the completion of this transaction.
Also, Schreiber Justin sold 3,005 shares, netting a total of over 22,539 in proceeds. Following the sale of shares at $7.50 each, the insider now holds 2,550,721 shares.
Before that, Schreiber Justin had sold 50,000 shares from its account. In a trade valued at $389,040, the Chairman and CEO traded LifeMD Inc shares for $7.78 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $29.6 million.
As published in their initiating research note from Lake Street on December 10, 2024, LifeMD Inc [LFMD] has been a Buy and the price target has been revised to $12. Analysts at Mizuho started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. Earlier on June 05, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “an Overweight” for LFMD stock.
Analyzing LFMD Stock Performance
During the last five days, there has been a surge of approximately 6.69%. Over the course of the year, LifeMD Inc shares have jumped approximately 132.12%. Shares of the company reached a 52-week high of $12.19 on 05/27/25 and a 52-week low of $4.13 on 03/10/25.
Support And Resistance Levels for LifeMD Inc (LFMD)
According to the 24-hour chart, there is a support level at 11.09, which, if violated, would cause prices to drop to 10.70. In the upper region, resistance lies at 12.01. The next price resistance is at 12.54. RSI (Relative Strength Index) is 82.29 on the 14-day chart, showing overbought technical sentiment.
