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Lockheed Martin Corp [LMT] Insider Paul Harry Edward III sells 707 Shares – Insider Selling Alert

Lockheed Martin Corp’s filing revealed 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 $1.02 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 $4.17 million.

RBC Capital Mkts downgraded its Lockheed Martin Corp [LMT] rating to a Sector perform from a an Outperform in a research note published on March 27, 2025; the price target was decreased to $480 from $550. A number of analysts have revised their coverage, including Melius’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Hold”. BofA Securities also remained covering LMT and has decreased its forecast on March 24, 2025 with a “Neutral” recommendation from previously “Buy” rating. Truist started covering the stock on January 14, 2025. It rated LMT as “a Buy”.

Price Performance Review of LMT

On Monday, Lockheed Martin Corp [NYSE:LMT] saw its stock jump 1.18% to $446.71. Over the last five days, the stock has gained 2.70%. Lockheed Martin Corp shares have fallen nearly -8.07% since the year began. Nevertheless, the stocks have fallen -2.20% 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 $456.99, while 200 days put it at $512.19.

Levels Of Support And Resistance For LMT Stock

The 24-hour chart illustrates a support level at 441.28, which if violated will result in even more drops to 435.85. On the upside, there is a resistance level at 451.60. A further resistance level may holdings at 456.49. The Relative Strength Index (RSI) on the 14-day chart is 45.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.82%. Stochastics %K at 31.65% 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 2025-03-14, dropping by -0.64 million shares to a total of 2.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.26 million shares. There was a decline of -24.37%, which implies that there is a negative sentiment for the stock.

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