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. RTX Corp shares valued at $2,100,933 were sold by Mitchill Neil G. JR on Feb 27 ’25. At $130.35 per share, Mitchill Neil G. JR sold 16,118 shares. The insider’s holdings dropped to 59,556 shares worth approximately $7.72 million following the completion of this transaction.
Also, Calio Christopher T. sold 27,379 shares, netting a total of over 3,569,135 in proceeds. Following the sale of shares at $130.36 each, the insider now holds 81,508 shares.
Before that, Maharajh Ramsaran had sold 19,431 shares from its account. In a trade valued at $2,464,253, the EVP and General Counsel traded RTX Corp shares for $126.82 each. Upon closing the transaction, the insider’s holdings decreased to 19,431 shares, worth approximately $3.86 million.
As published in a research note from UBS on February 24, 2025, RTX Corp [RTX] has been rated up from a Neutral to a Buy and the price target has been revised to $147. Analysts at Argus upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid February. As of January 21, 2025, Citigroup has increased its “Neutral” rating to a “Buy” for RTX. Earlier on January 02, 2025, Deutsche Bank upgraded its rating. Their new recommendation was “a Buy” for RTX stock which previously was a “a Hold”.
Analyzing RTX Stock Performance
During the last five days, there has been a surge of approximately 1.83%. Over the course of the year, RTX Corp shares have jumped approximately 12.03%. Shares of the company reached a 52-week high of $135.36 on 03/03/25 and a 52-week low of $113.73 on 01/06/25. A 50-day SMA is recorded $123.36, while a 200-day SMA reached $117.12.
Support And Resistance Levels for RTX Corp (RTX)
According to the 24-hour chart, there is a support level at 128.40, which, if violated, would cause prices to drop to 127.16. In the upper region, resistance lies at 130.71. The next price resistance is at 131.78. RSI (Relative Strength Index) is 56.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.47, which suggests the price will increase in the coming days. Percent R is at 40.90%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
