In a filing, Lockheed Martin Corp revealed its Vice President & Controller Paul Harry Edward III unloaded Company’s shares for reported $0.31 million on Feb 26 ’25. In the deal valued at $442.61 per share,707 shares were sold. As a result of this transaction, Paul Harry Edward III now holds 2,278 shares worth roughly $1.03 million.
Then, Lightfoot Robert M JR sold 3,213 shares, generating $1,421,506 in total proceeds. Upon selling the shares at $442.42, the President Space now owns 2,000 shares.
Before that, Hill Stephanie C. sold 4,791 shares. Lockheed Martin Corp shares valued at $2,120,042 were divested by the Pres. Rotary & Mission Systems at a price of $442.51 per share. As a result of the transaction, Hill Stephanie C. now holds 9,332 shares, worth roughly $4.22 million.
Truist initiated its Lockheed Martin Corp [LMT] rating to a Buy in a research note published on January 14, 2025; the price target was $579. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Melius also remained covering LMT and has increased its forecast on September 03, 2024 with a “Buy” recommendation from previously “Hold” rating. RBC Capital Mkts revised its rating on August 05, 2024. It rated LMT as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of LMT
On Monday, Lockheed Martin Corp [NYSE:LMT] saw its stock jump 0.35% to $451.94. Over the last five days, the stock has gained 2.65%. Lockheed Martin Corp shares have fallen nearly -7.00% since the year began. Nevertheless, the stocks have risen 4.50% over the past one year. While a 52-week high of $618.95 was reached on 01/21/25, a 52-week low of $419.70 was recorded on 02/14/25. SMA at 50 days reached $466.59, while 200 days put it at $512.99.
Levels Of Support And Resistance For LMT Stock
The 24-hour chart illustrates a support level at 449.04, which if violated will result in even more drops to 446.13. On the upside, there is a resistance level at 454.64. A further resistance level may holdings at 457.33. The Relative Strength Index (RSI) on the 14-day chart is 49.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.17%. Stochastics %K at 90.58% indicates the stock is a selling.
