Light & Wonder Inc’s recently made public that its SVP & CEO – Gaming Lane Siobhan unloaded Company’s shares for reported $0.4 million on Mar 06 ’25. In the deal valued at $105.37 per share,3,784 shares were sold. As a result of this transaction, Lane Siobhan now holds 21,254 shares worth roughly $1.75 million.
Then, Kalabic Vanja sold 1,132 shares, generating $118,192 in total proceeds. Upon selling the shares at $104.41, the SVP & Chief Accounting Officer now owns 5,016 shares.
Before that, Wilson Matthew R. sold 18,243 shares. Light & Wonder Inc shares valued at $1,908,298 were divested by the President & CEO at a price of $104.60 per share. As a result of the transaction, Wilson Matthew R. now holds 142,246 shares, worth roughly $11.68 million.
Citigroup upgraded its Light & Wonder Inc [LNW] rating to a Buy from a a Neutral in a research note published recently. UBS also remained covering LNW and has increased its forecast on September 25, 2024 with a “Buy” recommendation from previously “Neutral” rating. Maxim Group started covering the stock on August 26, 2024. It rated LNW as “a Buy”.
Price Performance Review of LNW
On Friday, Light & Wonder Inc [NASDAQ:LNW] saw its stock fall -5.01% to $82.14. Over the last five days, the stock has lost -5.60%. Light & Wonder Inc shares have fallen nearly -4.91% since the year began. Nevertheless, the stocks have fallen -14.21% over the past one year. While a 52-week high of $115.00 was reached on 03/03/25, a 52-week low of $75.46 was recorded on 04/04/25.
Levels Of Support And Resistance For LNW Stock
The 24-hour chart illustrates a support level at 81.21, which if violated will result in even more drops to 80.27. On the upside, there is a resistance level at 83.73. A further resistance level may holdings at 85.31.
How much short interest is there in Light & Wonder Inc?
A steep rise in short interest was recorded in Light & Wonder Inc stocks on 2025-05-30, growing by 1.48 million shares to a total of 4.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.41 million shares. There was a rise of 30.28%, which implies that there is a positive sentiment for the stock.
