Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Northrop Grumman Corp shares valued at $15,843 were sold by WELSH MARK A III on Feb 05 ’25. At $480.08 per share, WELSH MARK A III sold 33 shares. The insider’s holdings dropped to 4,106 shares worth approximately $1.93 million following the completion of this transaction.
Also, WELSH MARK A III sold 33 shares, netting a total of over 15,072 in proceeds. Following the sale of shares at $456.74 each, the insider now holds 4,139 shares.
Before that, WELSH MARK A III had sold 33 shares from its account. In a trade valued at $15,886, the Director traded Northrop Grumman Corp shares for $481.39 each. Upon closing the transaction, the insider’s holdings decreased to 33 shares, worth approximately $1.96 million.
As published in a research note from Wolfe Research on February 03, 2025, Northrop Grumman Corp [NOC] has been rated up from an Underperform to a Peer perform. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of January 14, 2025, Truist has initiated its “Buy” rating for NOC. Earlier on January 08, 2025, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for NOC stock which previously was a “an Equal weight”.
Analyzing NOC Stock Performance
During the last five days, there has been a drop of approximately -0.31%. Over the course of the year, Northrop Grumman Corp shares have jumped approximately 0.33%. Shares of the company reached a 52-week high of $507.67 on 01/21/25 and a 52-week low of $450.81 on 01/07/25. A 50-day SMA is recorded $477.42, while a 200-day SMA reached $484.61. Nevertheless, trading volume fell to 0.81 million shares from 0.54 million shares the previous day.
Support And Resistance Levels for Northrop Grumman Corp (NOC)
According to the 24-hour chart, there is a support level at 467.59, which, if violated, would cause prices to drop to 464.32. In the upper region, resistance lies at 475.80. The next price resistance is at 480.74. RSI (Relative Strength Index) is 43.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.10, which suggests the price will decrease in the coming days. Percent R is at 80.90%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
