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Here are the top Institutional holders of Lazard Inc. (LAZ) shares

Lazard Inc. (NYSE: LAZ) is 11.93% higher on its value in year-to-date trading and has touched a low of $25.82 and a high of $42.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LAZ stock was last observed hovering at around $38.98 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $38.95, the stock is 0.74% and -1.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -0.08% at the moment leaves the stock 11.69% off its SMA200. LAZ registered 35.15% gain for a year compared to 6-month gain of 36.67%.

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The stock witnessed a -2.31% loss in the last 1 month and extending the period to 3 months gives it a -0.26%, and is -0.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.50% over the week and 3.08% over the month.

Lazard Inc. (LAZ) has around 3291 employees, a market worth around $3.40B and $2.78B in sales. Fwd P/E is 9.30. Profit margin for the company is -0.80%. Distance from 52-week low is 50.85% and -7.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.87%).

The EPS is expected to grow by 286.55% this year

The shares outstanding are 87.43M, and float is at 80.61M with Short Float at 2.31%.

Lazard Inc. (LAZ) Insider Activity

The most recent transaction is an insider sale by Russo Evan L, the company’s CEO of Asset Management. SEC filings show that Russo Evan L sold 75,000 shares of the company’s common stock on Mar 13 ’24 at a price of $39.35 per share for a total of $2.95 million. Following the sale, the insider now owns 0.23 million shares.

Lazard Inc. disclosed in a document filed with the SEC on Feb 14 ’24 that Gathy Michael (Chief Accounting Officer) sold a total of 385 shares of the company’s common stock. The trade occurred on Feb 14 ’24 and was made at $37.22 per share for $14330.0. Following the transaction, the insider now directly holds 0.0 shares of the LAZ stock.

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