In a filing, Lockheed Martin Corp revealed 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.
Deutsche Bank downgraded its Lockheed Martin Corp [LMT] rating to a Hold from a a Buy in a research note published on January 02, 2025; the price target was decreased to $523 from $611. A number of analysts have revised their coverage, including Melius’s analysts, who increased its forecast for the stock in early September from “a Hold” to “a Buy”. RBC Capital Mkts also remained covering LMT and has increased its forecast on August 05, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. BofA Securities revised its rating on July 31, 2024. It rated LMT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of LMT
On Monday, Lockheed Martin Corp [NYSE:LMT] saw its stock fall -3.28% to $466.00. Over the last five days, the stock has lost -4.70%. Lockheed Martin Corp shares have fallen nearly -4.10% since the year began. Nevertheless, the stocks have risen 1.78% over the past one year. While a 52-week high of $618.95 was reached on 01/02/25, a 52-week low of $413.92 was recorded on 01/06/25. SMA at 50 days reached $521.28, while 200 days put it at $512.44.
Levels Of Support And Resistance For LMT Stock
The 24-hour chart illustrates a support level at 461.24, which if violated will result in even more drops to 456.48. On the upside, there is a resistance level at 475.38. A further resistance level may holdings at 484.76. The Relative Strength Index (RSI) on the 14-day chart is 22.86, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.52%. Stochastics %K at 13.96% 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 2024-12-13, growing by 0.18 million shares to a total of 2.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.65 million shares. There was a rise of 6.2%, which implies that there is a positive sentiment for the stock.
