RTX Corp’s recent filing unveils that its President, Collins Aerospace Timm Stephen J. unloaded Company’s shares for reported $2.1 million on May 10 ’24. In the deal valued at $105.72 per share,19,880 shares were sold. As a result of this transaction, Timm Stephen J. now holds 149,050 shares worth roughly $15.54 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Ortberg Robert Kelly sold 10,295 shares, generating $1,049,732 in total proceeds. Upon selling the shares at $101.97, the Director now owns 129,120 shares.
Before that, HAYES GREGORY sold 89,762 shares. RTX Corp shares valued at $9,105,531 were divested by the Chairman and CEO at a price of $101.44 per share. As a result of the transaction, HAYES GREGORY now holds 636,759 shares, worth roughly $66.37 million.
Wells Fargo upgraded its RTX Corp [RTX] rating to an Overweight from a an Equal weight in a research note published on March 14, 2024; the price target was increased to $120 from $100. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late January from “an Underperform” to “a Neutral”. Robert W. Baird also remained covering RTX and has decreased its forecast on January 16, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Redburn Atlantic revised its rating on November 15, 2023. It rated RTX as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of RTX
On Friday, RTX Corp [NYSE:RTX] saw its stock fall -0.76% to $104.23. Over the last five days, the stock has lost -3.59%. RTX Corp shares have risen nearly 23.88% since the year began. Nevertheless, the stocks have risen 7.61% over the past one year. While a 52-week high of $108.65 was reached on 06/03/24, a 52-week low of $68.56 was recorded on 01/02/24. SMA at 50 days reached $103.91, while 200 days put it at $88.93. A total of 4.92 million shares were traded, compared to the trading of 7.11 million shares in the previous session.
Levels Of Support And Resistance For RTX Stock
The 24-hour chart illustrates a support level at 103.45, which if violated will result in even more drops to 102.67. On the upside, there is a resistance level at 105.00. A further resistance level may holdings at 105.77. The Relative Strength Index (RSI) on the 14-day chart is 43.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.84%. Stochastics %K at 31.53% indicates the stock is a holding.
