General Dynamics Corp’s recent filing unveils that its Officer Gilliland Marguerite Amy acquired Company’s shares for reported $7.5 million on Mar 10 ’25. In the deal valued at $272.11 per share,27,562 shares were bought.
Then, NOVAKOVIC PHEBE N sold 32,695 shares, generating $8,614,609 in total proceeds. Upon selling the shares at $263.48, the Chairman and CEO now owns 769,607 shares.
Before that, Gallopoulos Gregory S sold 3,534 shares. General Dynamics Corp shares valued at $930,926 were divested by the Senior VP, Gen. Counsel, Sec. at a price of $263.42 per share. As a result of the transaction, Gallopoulos Gregory S now holds 107,112 shares, worth roughly $29.13 million.
William Blair downgraded its General Dynamics Corp [GD] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. Robert W. Baird also remained covering GD and has decreased its forecast on January 14, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Vertical Research revised its rating on January 06, 2025. It rated GD as “a Hold” which previously was an “a Buy”.
Price Performance Review of GD
On Monday, General Dynamics Corp [NYSE:GD] saw its stock jump 0.14% to $271.94. Over the last five days, the stock has gained 7.05%. General Dynamics Corp shares have risen nearly 3.21% since the year began. Nevertheless, the stocks have fallen -0.64% over the past one year. While a 52-week high of $316.90 was reached on 03/10/25, a 52-week low of $239.87 was recorded on 02/14/25. SMA at 50 days reached $258.59, while 200 days put it at $284.18.
Levels Of Support And Resistance For GD Stock
The 24-hour chart illustrates a support level at 266.99, which if violated will result in even more drops to 262.04. On the upside, there is a resistance level at 278.07. A further resistance level may holdings at 284.20. The Relative Strength Index (RSI) on the 14-day chart is 68.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 15.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.44%. Stochastics %K at 90.48% indicates the stock is a selling.
