Leidos Holdings Inc’s recent filing unveils that its Director Fubini David G unloaded Company’s shares for reported $1.01 million on Mar 13 ’24. In the deal valued at $127.89 per share,7,874 shares were sold. As a result of this transaction, Fubini David G now holds 14,696 shares worth roughly $1.9 million.
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Then, May Gary Stephen sold 2,745 shares, generating $341,721 in total proceeds. Upon selling the shares at $124.49, the Director now owns 11,352 shares.
Before that, MOHAPATRA SURYA N sold 2,401 shares. Leidos Holdings Inc shares valued at $254,102 were divested by the Director at a price of $105.83 per share. As a result of the transaction, MOHAPATRA SURYA N now holds 19,089 shares, worth roughly $2.47 million.
Barclays upgraded its Leidos Holdings Inc [LDOS] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid November from “a Hold” to “a Buy”. Wells Fargo also remained covering LDOS and has increased its forecast on May 25, 2023 with a “an Overweight” recommendation from previously “an Equal weight” rating. Jefferies revised its rating on March 27, 2023. It rated LDOS as “a Hold” which previously was an “a Buy”.
Price Performance Review of LDOS
On Friday, Leidos Holdings Inc [NYSE:LDOS] saw its stock fall -0.01% to $129.14. Over the last five days, the stock has gained 0.95%. Leidos Holdings Inc shares have risen nearly 19.31% since the year began. Nevertheless, the stocks have risen 41.43% over the past one year. While a 52-week high of $130.39 was reached on 03/07/24, a 52-week low of $76.58 was recorded on 01/03/24. SMA at 50 days reached $119.80, while 200 days put it at $102.74. A total of 0.62 million shares were traded, compared to the trading of 0.52 million shares in the previous session.
Levels Of Support And Resistance For LDOS Stock
The 24-hour chart illustrates a support level at 128.65, which if violated will result in even more drops to 128.17. On the upside, there is a resistance level at 129.65. A further resistance level may holdings at 130.17. The Relative Strength Index (RSI) on the 14-day chart is 68.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.88%. Stochastics %K at 65.49% indicates the stock is a holding.
How much short interest is there in Leidos Holdings Inc?
A steep rise in short interest was recorded in Leidos Holdings Inc stocks on Feb 29, 2024, dropping by -0.16 million shares to a total of 1.05 million shares. Yahoo Finance data shows the prior-month short interest on Jan 31, 2024 was 1.21 million shares. There was a decline of -15.24%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 1.00% of the overall stock float, the days-to-cover ratio (short ratio) fell to 1.03.
The most recent change occurred on December 08, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $130 price target.
