Lockheed Martin Corp’s filing revealed 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.
Truist initiated its Lockheed Martin Corp [LMT] rating to a Buy in a research note published on January 14, 2025; the price target was $579. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Melius also remained covering LMT and has increased its forecast on September 03, 2024 with a “Buy” recommendation from previously “Hold” rating. RBC Capital Mkts revised its rating on August 05, 2024. It rated LMT as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of LMT
On Tuesday, Lockheed Martin Corp [NYSE:LMT] saw its stock jump 3.26% to $506.29. Over the last five days, the stock has gained 4.79%. Lockheed Martin Corp shares have risen nearly 4.19% since the year began. Nevertheless, the stocks have risen 10.17% over the past one year. While a 52-week high of $618.95 was reached on 01/21/25, a 52-week low of $413.92 was recorded on 01/08/25. SMA at 50 days reached $508.89, while 200 days put it at $513.88.
Levels Of Support And Resistance For LMT Stock
The 24-hour chart illustrates a support level at 497.49, which if violated will result in even more drops to 488.69. On the upside, there is a resistance level at 512.32. A further resistance level may holdings at 518.35. The Relative Strength Index (RSI) on the 14-day chart is 60.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 13.40, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.75%. Stochastics %K at 91.37% indicates the stock is a selling.
How much short interest is there in Lockheed Martin Corp?
A steep rise in short interest was recorded in Lockheed Martin Corp stocks on 2024-12-31, growing by 0.6 million shares to a total of 3.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.4 million shares. There was a rise of 20.07%, which implies that there is a positive sentiment for the stock.
