Lockheed Martin Corp’s recent filing unveils that its Vice President & Controller Paul Harry Edward III unloaded Company’s shares for reported $0.31 million on Feb 26 ’25. In the deal valued at $442.61 per share,707 shares were sold. As a result of this transaction, Paul Harry Edward III now holds 2,278 shares worth roughly $0.99 million.
Then, Lightfoot Robert M JR sold 3,213 shares, generating $1,421,506 in total proceeds. Upon selling the shares at $442.42, the President Space now owns 2,000 shares.
Before that, Hill Stephanie C. sold 4,791 shares. Lockheed Martin Corp shares valued at $2,120,042 were divested by the Pres. Rotary & Mission Systems at a price of $442.51 per share. As a result of the transaction, Hill Stephanie C. now holds 9,332 shares, worth roughly $4.06 million.
Melius downgraded its Lockheed Martin Corp [LMT] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Neutral”. Truist began covering LMT with “Buy” recommendation on January 14, 2025. Deutsche Bank revised its rating on January 02, 2025. It rated LMT as “a Hold” which previously was an “a Buy”.
Price Performance Review of LMT
On Monday, Lockheed Martin Corp [NYSE:LMT] saw its stock fall -1.07% to $434.98. Over the last five days, the stock has lost -6.98%. Lockheed Martin Corp shares have fallen nearly -10.49% since the year began. Nevertheless, the stocks have fallen -1.23% over the past one year. While a 52-week high of $618.95 was reached on 01/21/25, a 52-week low of $419.70 was recorded on 02/14/25. SMA at 50 days reached $460.77, while 200 days put it at $512.77.
Levels Of Support And Resistance For LMT Stock
The 24-hour chart illustrates a support level at 427.60, which if violated will result in even more drops to 420.21. On the upside, there is a resistance level at 439.07. A further resistance level may holdings at 443.15. The Relative Strength Index (RSI) on the 14-day chart is 35.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.72%. Stochastics %K at 22.29% indicates the stock is a holding.
How much short interest is there in Lockheed Martin Corp?
A steep rise in short interest was recorded in Lockheed Martin Corp stocks on 2025-02-28, growing by 0.35 million shares to a total of 3.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.05 million shares. There was a rise of 10.23%, which implies that there is a positive sentiment for the stock.
