Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. L3Harris Technologies Inc shares valued at $377,069 were purchased by ZOISS EDWARD J on Mar 06 ’25. At $211.48 per share, ZOISS EDWARD J acquired 1,783 shares.
Also, NIEBERGALL ROSS purchased 1,261 shares, netting a total of over 265,832 in proceeds.
Before that, CHIARELLI PETER W had added 5,887 shares to its account. In a trade valued at $1,228,904, the Former Director bought L3Harris Technologies Inc shares for $208.75 each.
As published in a research note from Bernstein on January 08, 2025, L3Harris Technologies Inc [LHX] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $267 from $289. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early January. As of November 26, 2024, Argus has increased its “Hold” rating to a “Buy” for LHX. Earlier on October 31, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for LHX stock which previously was a “a Neutral”.
Analyzing LHX Stock Performance
During the last five days, there has been a surge of approximately 4.34%. Over the course of the year, L3Harris Technologies Inc shares have jumped approximately 1.67%. Shares of the company reached a 52-week high of $224.30 on 01/21/25 and a 52-week low of $193.09 on 02/20/25. A 50-day SMA is recorded $209.18, while a 200-day SMA reached $227.72.
Support And Resistance Levels for L3Harris Technologies Inc (LHX)
According to the 24-hour chart, there is a support level at 210.25, which, if violated, would cause prices to drop to 206.72. In the upper region, resistance lies at 215.65. The next price resistance is at 217.52. RSI (Relative Strength Index) is 61.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.58, which suggests the price will increase in the coming days. Percent R is at 0.91%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
