![]() The shares were sold at an average price of $7.21, for a total value of $269,891.93. In related news, insider Alan Prescott sold 37,433 shares of the company’s stock in a transaction dated Monday, June 5th. ![]() The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Following the completion of the transaction, the insider now directly owns 1,509,453 shares of the company’s stock, valued at $10,883,156.13. The shares were sold at an average price of $7.21, for a total transaction of $269,891.93. ![]() In other Luminar Technologies news, insider Alan Prescott sold 37,433 shares of Luminar Technologies stock in a transaction on Monday, June 5th. On average, sell-side analysts expect that Luminar Technologies will post -1.26 EPS for the current year. Luminar Technologies had a negative return on equity of 8,821.02% and a negative net margin of 1,043.14%. The business had revenue of $14.51 million for the quarter, compared to analyst estimates of $13.23 million. ![]() The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.03). Luminar Technologies ( NASDAQ:LAZR – Get Free Report) last released its earnings results on Tuesday, May 9th. Finally, The Goldman Sachs Group reduced their price target on shares of Luminar Technologies from $5.00 to $4.50 and set a “sell” rating for the company in a report on Thursday, April 13th. Citigroup decreased their price objective on shares of Luminar Technologies from $19.00 to $18.00 in a research report on Tuesday, May 16th. TD Cowen decreased their price target on shares of Luminar Technologies from $12.00 to $10.00 and set an “outperform” rating for the company in a research report on Wednesday, May 10th. They issued a “buy” rating and a $12.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Luminar Technologies in a report on Tuesday, April 25th. LAZR has been the subject of a number of recent research reports. The average 1 year price target among analysts that have covered the stock in the last year is $12.42. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. ( NASDAQ:LAZR – Get Free Report) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the stock, reports. Stock traders will often flock to such stocks for no reason other than the fact that they have a high short interest and the price can potentially move up very quickly as traders with open short positions move to cover.ĭisclaimer: We have made our best effort to provide accurate data, but always do your own research and double check the information presented here before making an investment.Shares of Luminar Technologies, Inc. Stocks with high short interest are often very volatile and are well known for making explosive upside moves (known as a short squeeze). You can view the data for all exchanges together or only view exchanges of interest by clicking on the appropriate tab. Data is presented for the Nasdaq Stock Market, the New York Stock Exchange, and the American Stock Exchange. Additional key data such as the float, number of outstanding shares, and company industry is displayed. provides a convenient sorted database of stocks which have a short interest of over 20 percent. ![]() High Short Interest Stocks High Short Interest Stocks ![]()
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