Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lockheed Martin Corp shares valued at $1,527,713 were purchased by JEH C. JOHNSON on Dec 20 ’24. At $485.91 per share, JEH C. JOHNSON acquired 3,144 shares.
Also, Hill Stephanie C. sold 3,272 shares, netting a total of over 1,775,771 in proceeds. Following the sale of shares at $542.72 each, the insider now holds 9,332 shares.
Before that, STEPHANIE C HILL TODNAMED BENE had added 3,272 shares to its account. In a trade valued at $1,775,771, the Officer bought Lockheed Martin Corp shares for $542.72 each.
As published in their initiating research note from Truist on January 14, 2025, Lockheed Martin Corp [LMT] has been a Buy and the price target has been revised to $579. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early January. As of September 03, 2024, Melius has increased its “Hold” rating to a “Buy” for LMT. Earlier on August 05, 2024, RBC Capital Mkts upgraded its rating. Their new recommendation was “an Outperform” for LMT stock which previously was a “a Sector perform”.
Analyzing LMT Stock Performance
During the last five days, there has been a surge of approximately 4.31%. Over the course of the year, Lockheed Martin Corp shares have dropped approximately -0.41%. Shares of the company reached a 52-week high of $489.72 on 01/02/25 and a 52-week low of $461.24 on 01/08/25. A 50-day SMA is recorded $511.92, while a 200-day SMA reached $513.23. Nevertheless, trading volume fell to 0.88 million shares from 1.16 million shares the previous day.
Support And Resistance Levels for Lockheed Martin Corp (LMT)
According to the 24-hour chart, there is a support level at 480.31, which, if violated, would cause prices to drop to 476.64. In the upper region, resistance lies at 487.70. The next price resistance is at 491.42. RSI (Relative Strength Index) is 44.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.94, which suggests the price will increase in the coming days. Percent R is at 29.48%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
