Leonardo DRS Inc’s recently made public that its Officer Baylouny John acquired Company’s shares for reported $0.11 million on Apr 08 ’25. In the deal valued at $31.96 per share,3,529 shares were bought.
Then, Wallace Sally sold 1,498 shares, generating $47,666 in total proceeds. Upon selling the shares at $31.82, the EVP, Business Operations now owns 59,653 shares.
Before that, Morrow Pamela sold 2,150 shares. Leonardo DRS Inc shares valued at $68,413 were divested by the SVP and Controller at a price of $31.82 per share. As a result of the transaction, Morrow Pamela now holds 18,494 shares, worth roughly $0.58 million.
BofA Securities upgraded its Leonardo DRS Inc [DRS] rating to a Buy from a a Neutral 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 September from “a Buy” to “a Neutral”. BTIG Research began covering DRS with “Buy” recommendation on June 26, 2024. Morgan Stanley started covering the stock on May 24, 2024. It rated DRS as “an Equal-weight”.
Price Performance Review of DRS
On Tuesday, Leonardo DRS Inc [NASDAQ:DRS] saw its stock jump 2.98% to $31.43. Over the last five days, the stock has lost -4.38%. Leonardo DRS Inc shares have fallen nearly -2.72% since the year began. Nevertheless, the stocks have risen 50.38% over the past one year. While a 52-week high of $37.99 was reached on 01/23/25, a 52-week low of $19.88 was recorded on 04/07/25. SMA at 50 days reached $32.36, while 200 days put it at $30.81.
Levels Of Support And Resistance For DRS Stock
The 24-hour chart illustrates a support level at 30.73, which if violated will result in even more drops to 30.04. On the upside, there is a resistance level at 32.18. A further resistance level may holdings at 32.94. The Relative Strength Index (RSI) on the 14-day chart is 45.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.34%. Stochastics %K at 31.30% indicates the stock is a holding.
How much short interest is there in Leonardo DRS Inc?
A steep rise in short interest was recorded in Leonardo DRS Inc stocks on 2025-03-14, growing by 0.11 million shares to a total of 1.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.77 million shares. There was a rise of 5.9%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 26, 2024 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $23 price target.
