The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. L3Harris Technologies Inc shares valued at $267,452 were purchased by NIEBERGALL ROSS on Mar 14 ’25. At $212.10 per share, NIEBERGALL ROSS acquired 1,261 shares.
Also, ZOISS EDWARD J sold 3,361 shares, netting a total of over 711,826 in proceeds. Following the sale of shares at $211.79 each, the insider now holds 27,259 shares.
Before that, ZOISS EDWARD J had sold 1,783 shares from its account. In a trade valued at $377,069, the Pres., Space & Airborne Sys. traded L3Harris Technologies Inc shares for $211.48 each. Upon closing the transaction, the insider’s holdings decreased to 1,783 shares, worth approximately $6.49 million.
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 drop of approximately -0.52%. Over the course of the year, L3Harris Technologies Inc shares have jumped approximately 0.78%. Shares of the company reached a 52-week high of $227.37 on 03/10/25 and a 52-week low of $193.09 on 02/20/25. A 50-day SMA is recorded $209.86, while a 200-day SMA reached $226.97.
Support And Resistance Levels for L3Harris Technologies Inc (LHX)
According to the 24-hour chart, there is a support level at 210.46, which, if violated, would cause prices to drop to 208.98. In the upper region, resistance lies at 213.71. The next price resistance is at 215.48. RSI (Relative Strength Index) is 53.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.62, which suggests the price will decrease in the coming days. Percent R is at 68.41%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
