LPL Financial Holdings Inc (LPLA) is -17.60% away from 50-day simple Moving Average despite all headwinds

LPL Financial Holdings Inc (NASDAQ: LPLA) kicked off on Friday, down -7.51% from the previous trading day, before settling in for the closing price of $239.20. Over the past 52 weeks, LPLA has traded in a range of $200.18-$289.88.

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A company in the Financial sector has jumped its sales by 14.51% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 1.79%. With a float of $74.11 million, this company’s outstanding shares have now reached $74.66 million.

In an organization with 8400 employees, it is important to assess its efficiency.

LPL Financial Holdings Inc (LPLA) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of LPL Financial Holdings Inc is 0.80%, while institutional ownership is 97.89%. The most recent insider transaction that took place on Jun 14 ’24, was worth 1,574,289. In this transaction President & CEO of this company sold 5,677 shares at a rate of $277.31, taking the stock ownership to the 142,608 shares. Before that another transaction happened on Feb 26 ’24, when Company’s President & CEO sold 34,807 for $266.54, making the entire transaction worth $9,277,539. This insider now owns 141,810 shares in total.

LPL Financial Holdings Inc (LPLA) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 1.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.10% during the next five years compared to 23.07% growth over the previous five years of trading.

LPL Financial Holdings Inc (NASDAQ: LPLA) Trading Performance Indicators

Take a look at LPL Financial Holdings Inc’s (LPLA) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51. Likewise, its price to free cash flow for the trailing twelve months is 22.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.82, a number that is poised to hit 3.80 in the next quarter and is forecasted to reach 19.83 in one year’s time.

Technical Analysis of LPL Financial Holdings Inc (LPLA)

Let’s dig in a bit further. During the last 5-days, its volume was 2.22 million. That was better than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 41.57%. Additionally, its Average True Range was 11.19.

During the past 100 days, LPL Financial Holdings Inc’s (LPLA) raw stochastic average was set at 21.59%, which indicates a significant decrease from 25.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.16% in the past 14 days, which was higher than the 31.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $267.55, while its 200-day Moving Average is $249.98. However, in the short run, LPL Financial Holdings Inc’s stock first resistance to watch stands at $237.99. Second resistance stands at $254.73. The third major resistance level sits at $263.12. If the price goes on to break the first support level at $212.86, it is likely to go to the next support level at $204.47. The third support level lies at $187.73 if the price breaches the second support level.

LPL Financial Holdings Inc (NASDAQ: LPLA) Key Stats

The company with the Market Capitalisation of 16.53 billion has total of 74,709K Shares Outstanding. Its annual sales at the moment are 10,053 M in contrast with the sum of 1,066 M annual income. Company’s last quarter sales were recorded 2,932 M and last quarter income was 243,800 K.