Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lockheed Martin Corp shares valued at $312,923 were sold by Paul Harry Edward III on Feb 26 ’25. At $442.61 per share, Paul Harry Edward III sold 707 shares. The insider’s holdings dropped to 2,278 shares worth approximately $1.05 million following the completion of this transaction.
Also, Lightfoot Robert M JR sold 3,213 shares, netting a total of over 1,421,506 in proceeds. Following the sale of shares at $442.42 each, the insider now holds 2,000 shares.
Before that, Hill Stephanie C. had sold 4,791 shares from its account. In a trade valued at $2,120,042, the Pres. Rotary & Mission Systems traded Lockheed Martin Corp shares for $442.51 each. Upon closing the transaction, the insider’s holdings decreased to 4,791 shares, worth approximately $4.31 million.
As published in their initiating research note from Truist on January 14, 2025, Lockheed Martin Corp [LMT] has been a Buy and the price target has been revised to $579. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early January. As of September 03, 2024, Melius has increased its “Hold” rating to a “Buy” for LMT. Earlier on August 05, 2024, RBC Capital Mkts upgraded its rating. Their new recommendation was “an Outperform” for LMT stock which previously was a “a Sector perform”.
Analyzing LMT Stock Performance
During the last five days, there has been a surge of approximately 3.37%. Over the course of the year, Lockheed Martin Corp shares have dropped approximately -5.03%. Shares of the company reached a 52-week high of $509.55 on 01/21/25 and a 52-week low of $419.70 on 02/14/25. A 50-day SMA is recorded $464.94, while a 200-day SMA reached $512.86.
Support And Resistance Levels for Lockheed Martin Corp (LMT)
According to the 24-hour chart, there is a support level at 455.44, which, if violated, would cause prices to drop to 449.38. In the upper region, resistance lies at 465.53. The next price resistance is at 469.56. RSI (Relative Strength Index) is 55.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 13.24, which suggests the price will increase in the coming days. Percent R is at 5.08%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
