The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Northrop Grumman Corp shares valued at $875,873 were sold by Hardesty Michael A on Feb 24 ’25. At $453.58 per share, Hardesty Michael A sold 1,931 shares. The insider’s holdings dropped to 2,716 shares worth approximately $1.25 million following the completion of this transaction.
Also, Simpson Kathryn G sold 1,035 shares, netting a total of over 444,098 in proceeds. Following the sale of shares at $429.08 each, the insider now holds 779 shares.
Before that, Davies Benjamin R. had sold 192 shares from its account. In a trade valued at $82,383, the CVP & Pres. Defense Systems traded Northrop Grumman Corp shares for $429.08 each. Upon closing the transaction, the insider’s holdings decreased to 192 shares, worth approximately $0.33 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 surge of approximately 4.99%. Over the course of the year, Northrop Grumman Corp shares have dropped approximately -1.99%. Shares of the company reached a 52-week high of $507.67 on 01/21/25 and a 52-week low of $426.24 on 02/20/25. A 50-day SMA is recorded $470.72, while a 200-day SMA reached $483.16. Nevertheless, trading volume fell to 1.11 million shares from 0.74 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 455.90, which, if violated, would cause prices to drop to 451.83. In the upper region, resistance lies at 464.02. The next price resistance is at 468.07. RSI (Relative Strength Index) is 47.87 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.74, which suggests the price will increase in the coming days. Percent R is at 34.16%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
