Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Leidos Holdings Inc shares valued at $427,909 were sold by STALNECKER SUSAN M on May 02 ’24. At $141.97 per share, STALNECKER SUSAN M sold 3,014 shares. The insider’s holdings dropped to 14,748 shares worth approximately $2.15 million following the completion of this transaction.
Also, Kovarik Robert C JR sold 1,952 shares, netting a total of over 277,592 in proceeds. Following the sale of shares at $142.21 each, the insider now holds 7,602 shares.
Before that, Fubini David G had sold 7,874 shares from its account. In a trade valued at $1,006,969, the Director traded Leidos Holdings Inc shares for $127.89 each. Upon closing the transaction, the insider’s holdings decreased to 7,874 shares, worth approximately $2.14 million.
As published in a research note from Barclays on January 05, 2024, Leidos Holdings Inc [LDOS] has been rated up from an Equal weight to an Overweight. Analysts at Argus upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid November. As of May 25, 2023, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for LDOS. Earlier on March 27, 2023, Jefferies downgraded its rating. Their new recommendation was “a Hold” for LDOS stock which previously was a “a Buy”.
Analyzing LDOS Stock Performance
During the last five days, there has been a surge of approximately 2.33%. Over the course of the year, Leidos Holdings Inc shares have jumped approximately 34.42%. Shares of the company reached a 52-week high of $145.50 on 05/08/24 and a 52-week low of $106.38 on 01/03/24. A 50-day SMA is recorded $130.07, while a 200-day SMA reached $109.75. Nevertheless, trading volume fell to 1.21 million shares from 1.02 million shares the previous day.
Support And Resistance Levels for Leidos Holdings Inc (LDOS)
According to the 24-hour chart, there is a support level at 144.17, which, if violated, would cause prices to drop to 142.83. In the upper region, resistance lies at 146.17. The next price resistance is at 146.83. RSI (Relative Strength Index) is 83.76 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.08, which suggests the price will increase in the coming days. Percent R is at 0.00%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
