Northrop Grumman Corp’s filing revealed that its CVP & Pres. Defense Systems Davies Benjamin R. unloaded Company’s shares for reported $0.21 million on Feb 28 ’25. In the deal valued at $460.75 per share,464 shares were sold. As a result of this transaction, Davies Benjamin R. now holds 245 shares worth roughly $0.12 million.
Then, Keffer David F bought 10,890 shares, generating $4,972,862 in total proceeds.
Before that, Davies Benjamin R. bought 464 shares. Northrop Grumman Corp shares valued at $213,788 were divested by the Officer at a price of $460.75 per share.
Wolfe Research upgraded its Northrop Grumman Corp [NOC] rating to a Peer perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Truist began covering NOC with “Buy” recommendation on January 14, 2025. Wells Fargo revised its rating on January 08, 2025. It rated NOC as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of NOC
On Monday, Northrop Grumman Corp [NYSE:NOC] saw its stock jump 2.53% to $473.41. Over the last five days, the stock has gained 5.22%. Northrop Grumman Corp shares have risen nearly 0.88% since the year began. Nevertheless, the stocks have risen 3.15% over the past one year. While a 52-week high of $555.57 was reached on 01/21/25, a 52-week low of $418.60 was recorded on 02/20/25. SMA at 50 days reached $470.17, while 200 days put it at $483.08.
Levels Of Support And Resistance For NOC Stock
The 24-hour chart illustrates a support level at 466.44, which if violated will result in even more drops to 459.48. On the upside, there is a resistance level at 477.09. A further resistance level may holdings at 480.78. The Relative Strength Index (RSI) on the 14-day chart is 55.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 10.72, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.93%. Stochastics %K at 75.74% indicates the stock is a holding.
