RTX Corp’s recent filing unveils that its EVP, Chief Financial Officer Mitchill Neil G. JR unloaded Company’s shares for reported $2.1 million on Feb 27 ’25. In the deal valued at $130.35 per share,16,118 shares were sold. As a result of this transaction, Mitchill Neil G. JR now holds 59,556 shares worth roughly $7.65 million.
Then, Calio Christopher T. sold 27,379 shares, generating $3,569,135 in total proceeds. Upon selling the shares at $130.36, the President and CEO now owns 81,508 shares.
Before that, Maharajh Ramsaran sold 19,431 shares. RTX Corp shares valued at $2,464,253 were divested by the EVP and General Counsel at a price of $126.82 per share. As a result of the transaction, Maharajh Ramsaran now holds 29,742 shares, worth roughly $3.82 million.
UBS upgraded its RTX Corp [RTX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid February from “a Hold” to “a Buy”. Citigroup also remained covering RTX and has increased its forecast on January 21, 2025 with a “Buy” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on January 02, 2025. It rated RTX as “a Buy” which previously was an “a Hold”.
Price Performance Review of RTX
On Friday, RTX Corp [NYSE:RTX] saw its stock jump 0.09% to $128.40. Over the last five days, the stock has lost -3.45%. RTX Corp shares have risen nearly 10.96% since the year began. Nevertheless, the stocks have risen 42.57% over the past one year. While a 52-week high of $135.36 was reached on 03/03/25, a 52-week low of $89.44 was recorded on 01/06/25. SMA at 50 days reached $123.85, while 200 days put it at $117.37.
Levels Of Support And Resistance For RTX Stock
The 24-hour chart illustrates a support level at 126.81, which if violated will result in even more drops to 125.21. On the upside, there is a resistance level at 129.45. A further resistance level may holdings at 130.49. The Relative Strength Index (RSI) on the 14-day chart is 53.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.88%. Stochastics %K at 51.20% indicates the stock is a holding.
