General Dynamics Corp’s recent filing unveils that its Director Schumacher Laura J unloaded Company’s shares for reported $0.46 million on Jan 31 ’25. In the deal valued at $255.68 per share,1,796 shares were sold. As a result of this transaction, Schumacher Laura J now holds 11,175 shares worth roughly $2.88 million.
Then, Schumacher Laura J bought 1,796 shares, generating $459,205 in total proceeds.
Before that, Brady Christopher J sold 5,540 shares. General Dynamics Corp shares valued at $1,556,252 were divested by the Vice President at a price of $280.91 per share. As a result of the transaction, Brady Christopher J now holds 20,296 shares, worth roughly $5.22 million.
Robert W. Baird downgraded its General Dynamics Corp [GD] rating to a Neutral from a an Outperform in a research note published on January 14, 2025; the price target was decreased to $283 from $345. A number of analysts have revised their coverage, including Vertical Research’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. RBC Capital Mkts also remained covering GD and has decreased its forecast on December 19, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating. Goldman revised its rating on December 12, 2024. It rated GD as “a Sell” which previously was an “a Neutral”.
Price Performance Review of GD
On Tuesday, General Dynamics Corp [NYSE:GD] saw its stock jump 0.33% to $257.43. Over the last five days, the stock has lost -1.96%. General Dynamics Corp shares have fallen nearly -2.30% since the year began. Nevertheless, the stocks have fallen -3.54% over the past one year. While a 52-week high of $316.90 was reached on 01/21/25, a 52-week low of $247.01 was recorded on 01/29/25. SMA at 50 days reached $267.41, while 200 days put it at $288.52.
Levels Of Support And Resistance For GD Stock
The 24-hour chart illustrates a support level at 255.88, which if violated will result in even more drops to 254.32. On the upside, there is a resistance level at 258.96. A further resistance level may holdings at 260.48. The Relative Strength Index (RSI) on the 14-day chart is 41.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.61%. Stochastics %K at 36.81% indicates the stock is a holding.
How much short interest is there in General Dynamics Corp?
A steep rise in short interest was recorded in General Dynamics Corp stocks on 2025-01-15, dropping by -0.6 million shares to a total of 2.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.5 million shares. There was a decline of -20.62%, which implies that there is a negative sentiment for the stock.
