Lockheed Martin Corp.’s filing revealed that its Pres. Rotary & Mission Systems Hill Stephanie C. unloaded Company’s shares for reported $1.78 million on Aug 01 ’24. In the deal valued at $542.72 per share,3,272 shares were sold. As a result of this transaction, Hill Stephanie C. now holds 9,332 shares worth roughly $5.18 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, STEPHANIE C HILL TODNAMED BENE bought 3,272 shares, generating $1,775,771 in total proceeds.
Before that, Cahill Timothy S sold 3,975 shares. Lockheed Martin Corp. shares valued at $2,048,563 were divested by the Pres. Missiles & Fire Control at a price of $515.36 per share. As a result of the transaction, Cahill Timothy S now holds 8,877 shares, worth roughly $4.93 million.
Melius upgraded its Lockheed Martin Corp. [LMT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in early August from “a Sector perform” to “an Outperform”. BofA Securities also remained covering LMT and has increased its forecast on July 31, 2024 with a “Buy” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on July 26, 2024. It rated LMT as “a Buy” which previously was an “a Hold”.
Price Performance Review of LMT
On Monday, Lockheed Martin Corp. [NYSE:LMT] saw its stock fall -1.27% to $555.17. Over the last five days, the stock has lost -9.67%. Lockheed Martin Corp. shares have risen nearly 22.49% since the year began. Nevertheless, the stocks have risen 24.49% over the past one year. While a 52-week high of $618.95 was reached on 10/21/24, a 52-week low of $413.92 was recorded on 02/14/24. SMA at 50 days reached $579.77, while 200 days put it at $492.47.
Levels Of Support And Resistance For LMT Stock
The 24-hour chart illustrates a support level at 552.06, which if violated will result in even more drops to 548.95. On the upside, there is a resistance level at 560.72. A further resistance level may holdings at 566.27. The Relative Strength Index (RSI) on the 14-day chart is 31.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -32.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.95%. Stochastics %K at 1.05% indicates the stock is a buying.
How much short interest is there in Lockheed Martin Corp.?
A steep rise in short interest was recorded in Lockheed Martin Corp. stocks on 2024-10-15, dropping by -0.52 million shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.93 million shares. There was a decline of -21.72%, which implies that there is a negative sentiment for the stock.
