LifeMD Inc’s filing revealed that its Chairman and CEO Schreiber Justin unloaded Company’s shares for reported $0.17 million on May 01 ’25. In the deal valued at $7.53 per share,21,995 shares were sold. As a result of this transaction, Schreiber Justin now holds 2,553,726 shares worth roughly $32.82 million.
Then, Schreiber Justin sold 3,005 shares, generating $22,539 in total proceeds. Upon selling the shares at $7.50, the Chairman and CEO now owns 2,550,721 shares.
Before that, Schreiber Justin sold 50,000 shares. LifeMD Inc shares valued at $389,040 were divested by the Chairman and CEO at a price of $7.78 per share. As a result of the transaction, Schreiber Justin now holds 2,575,721 shares, worth roughly $33.1 million.
Lake Street initiated its LifeMD Inc [LFMD] rating to a Buy in a research note published on December 10, 2024; the price target was $12. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. KeyBanc Capital Markets started covering the stock on June 05, 2024. It rated LFMD as “an Overweight”.
Price Performance Review of LFMD
On Monday, LifeMD Inc [NASDAQ:LFMD] saw its stock jump 5.24% to $12.85. Over the last five days, the stock has gained 11.45%. LifeMD Inc shares have risen nearly 159.60% since the year began. Nevertheless, the stocks have risen 62.45% over the past one year. While a 52-week high of $12.31 was reached on 06/02/25, a 52-week low of $3.99 was recorded on 03/10/25. SMA at 50 days reached $7.49, while 200 days put it at $5.90.
Levels Of Support And Resistance For LFMD Stock
The 24-hour chart illustrates a support level at 12.23, which if violated will result in even more drops to 11.61. On the upside, there is a resistance level at 13.20. A further resistance level may holdings at 13.55. The Relative Strength Index (RSI) on the 14-day chart is 87.32, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.74%. Stochastics %K at 93.07% indicates the stock is a selling.
The most recent change occurred on November 30, 2023 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
