Currently, there are 1.01B common shares owned by the public and among those 934.51M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of 10.62% and -37.39% over the past three months. LUMN shares are trading -9.79% year to date (YTD), with the 12-month market performance up to 197.52% higher. It has a 12-month low price of $0.97 and touched a high of $10.33 over the same period. LUMN has an average intraday trading volume of 12.38 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.50%, -8.41%, and 0.02% respectively.
Institutional ownership of Lumen Technologies Inc (NYSE: LUMN) shares accounts for 70.47% of the company’s 1.01B shares outstanding.
It has a market capitalization of $4.86B and a beta (3y monthly) value of 1.27. The earnings-per-share (ttm) stands at -$0.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.38% over the week and 6.83% over the month.
Earnings per share for the fiscal year are expected to decrease by -390.14%, and 28.36% over the next financial year.
Looking at the support for the LUMN, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on February 26, 2025, with the firm’s price target at $8-$6.50. Wells Fargo coverage for the Lumen Technologies Inc (LUMN) stock in a research note released on February 21, 2025 offered a Equal Weight rating with a price target of $5. Goldman on their part issued Neutral rating on August 07, 2024.
