Northrop Grumman Corp’s recently made public that its Chair, CEO and President Warden Kathy J unloaded Company’s shares for reported $1.78 million on Mar 06 ’25. In the deal valued at $475.65 per share,3,750 shares were sold. As a result of this transaction, Warden Kathy J now holds 212,852 shares worth roughly $104.4 million.
Then, WELSH MARK A III sold 33 shares, generating $15,631 in total proceeds. Upon selling the shares at $473.66, the Director now owns 4,073 shares.
Before that, Warden Kathy J bought 3,750 shares. Northrop Grumman Corp shares valued at $1,783,688 were divested by the Officer at a price of $475.65 per share.
Wolfe Research upgraded its Northrop Grumman Corp [NOC] rating to a Peer perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Truist began covering NOC with “Buy” recommendation on January 14, 2025. Wells Fargo revised its rating on January 08, 2025. It rated NOC as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of NOC
On Monday, Northrop Grumman Corp [NYSE:NOC] saw its stock jump 1.15% to $490.50. Over the last five days, the stock has lost -1.00%. Northrop Grumman Corp shares have risen nearly 4.52% since the year began. Nevertheless, the stocks have risen 7.04% over the past one year. While a 52-week high of $555.57 was reached on 03/10/25, a 52-week low of $418.60 was recorded on 02/20/25. SMA at 50 days reached $472.73, while 200 days put it at $483.79.
Levels Of Support And Resistance For NOC Stock
The 24-hour chart illustrates a support level at 485.46, which if violated will result in even more drops to 480.43. On the upside, there is a resistance level at 494.26. A further resistance level may holdings at 498.03. The Relative Strength Index (RSI) on the 14-day chart is 57.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.29%. Stochastics %K at 63.66% indicates the stock is a holding.
How much short interest is there in Northrop Grumman Corp?
A steep rise in short interest was recorded in Northrop Grumman Corp stocks on 2025-02-28, growing by 0.34 million shares to a total of 2.3 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.96 million shares. There was a rise of 14.68%, which implies that there is a positive sentiment for the stock.
