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Recent Insider Activity Could Benefit General Dynamics Corp (GD)

General Dynamics Corp’s filing revealed that its Former Officer Graney Kevin M acquired Company’s shares for reported $1.24 million on Feb 10 ’25. In the deal valued at $256.39 per share,4,831 shares were bought.

Then, Schumacher Laura J sold 1,796 shares, generating $459,205 in total proceeds. Upon selling the shares at $255.68, the Director now owns 11,175 shares.

Before that, Schumacher Laura J bought 1,796 shares. General Dynamics Corp shares valued at $459,205 were divested by the Director at a price of $255.68 per share.

William Blair downgraded its General Dynamics Corp [GD] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. Robert W. Baird also remained covering GD and has decreased its forecast on January 14, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Vertical Research revised its rating on January 06, 2025. It rated GD as “a Hold” which previously was an “a Buy”.

Price Performance Review of GD

On Tuesday, General Dynamics Corp [NYSE:GD] saw its stock jump 1.48% to $249.91. Over the last five days, the stock has gained 3.01%. General Dynamics Corp shares have fallen nearly -5.15% since the year began. Nevertheless, the stocks have fallen -8.23% over the past one year. While a 52-week high of $316.90 was reached on 01/21/25, a 52-week low of $239.87 was recorded on 02/14/25. SMA at 50 days reached $259.49, while 200 days put it at $285.84.

Levels Of Support And Resistance For GD Stock

The 24-hour chart illustrates a support level at 247.47, which if violated will result in even more drops to 245.04. On the upside, there is a resistance level at 251.58. A further resistance level may holdings at 253.26. The Relative Strength Index (RSI) on the 14-day chart is 44.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.14%. Stochastics %K at 33.80% indicates the stock is a holding.

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