Lockheed Martin Corp’s recent filing unveils that its Former Officer JEH C. JOHNSON acquired Company’s shares for reported $1.53 million on Dec 20 ’24. In the deal valued at $485.91 per share,3,144 shares were bought.
Then, Hill Stephanie C. sold 3,272 shares, generating $1,775,771 in total proceeds. Upon selling the shares at $542.72, the Pres. Rotary & Mission Systems now owns 9,332 shares.
Before that, STEPHANIE C HILL TODNAMED BENE bought 3,272 shares. Lockheed Martin Corp shares valued at $1,775,771 were divested by the Officer at a price of $542.72 per share.
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 -0.52% to $486.49. Over the last five days, the stock has lost -1.05%. Lockheed Martin Corp shares have risen nearly 7.34% since the year began. Nevertheless, the stocks have risen 8.59% 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 $540.21, while 200 days put it at $510.54.
Levels Of Support And Resistance For LMT Stock
The 24-hour chart illustrates a support level at 482.60, which if violated will result in even more drops to 478.70. On the upside, there is a resistance level at 489.62. A further resistance level may holdings at 492.75. The Relative Strength Index (RSI) on the 14-day chart is 29.05, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.77%. Stochastics %K at 17.50% 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 2024-11-29, growing by 96374.0 shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.3 million shares. There was a rise of 4.02%, which implies that there is a positive sentiment for the stock.
