Leonardo DRS Inc’s filing revealed that its Director SALZMAN ERIC unloaded Company’s shares for reported $0.12 million on Feb 12 ’25. In the deal valued at $33.53 per share,3,477 shares were sold. As a result of this transaction, SALZMAN ERIC now holds 9,785 shares worth roughly $0.29 million.
Then, SALZMAN ERIC sold 3,477 shares, generating $120,269 in total proceeds. Upon selling the shares at $34.59, the Director now owns 13,262 shares.
Before that, SALZMAN ERIC bought 3,477 shares. Leonardo DRS Inc shares valued at $116,584 were divested by the Director at a price of $33.53 per share.
BofA Securities downgraded its Leonardo DRS Inc [DRS] rating to a Neutral from a a Buy in a research note published on September 24, 2024; the price target was increased to $30 from $26. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Morgan Stanley began covering DRS with “an Equal-weight” recommendation on May 24, 2024. JP Morgan started covering the stock on February 26, 2024. It rated DRS as “a Neutral”.
Price Performance Review of DRS
On Tuesday, Leonardo DRS Inc [NASDAQ:DRS] saw its stock fall -0.10% to $29.32. Over the last five days, the stock has lost -0.24%. Leonardo DRS Inc shares have fallen nearly -9.25% since the year began. Nevertheless, the stocks have risen 39.62% over the past one year. While a 52-week high of $37.99 was reached on 01/23/25, a 52-week low of $19.88 was recorded on 02/18/25. SMA at 50 days reached $33.54, while 200 days put it at $29.60.
Levels Of Support And Resistance For DRS Stock
The 24-hour chart illustrates a support level at 28.72, which if violated will result in even more drops to 28.13. On the upside, there is a resistance level at 29.88. A further resistance level may holdings at 30.45. The Relative Strength Index (RSI) on the 14-day chart is 35.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.18%. Stochastics %K at 11.00% indicates the stock is a buying.
The most recent change occurred on September 27, 2023 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $20 price target.
