KD Logo

L3Harris Technologies Inc [LHX] Investment Appeal on the Rise

L3Harris Technologies Inc’s recent filing unveils that its Officer NIEBERGALL ROSS acquired Company’s shares for reported $0.27 million on Mar 14 ’25. In the deal valued at $212.10 per share,1,261 shares were bought.

Then, ZOISS EDWARD J sold 3,361 shares, generating $711,826 in total proceeds. Upon selling the shares at $211.79, the Pres., Space & Airborne Sys. now owns 27,259 shares.

Before that, ZOISS EDWARD J sold 1,783 shares. L3Harris Technologies Inc shares valued at $377,069 were divested by the Pres., Space & Airborne Sys. at a price of $211.48 per share. As a result of the transaction, ZOISS EDWARD J now holds 30,620 shares, worth roughly $6.59 million.

Goldman upgraded its L3Harris Technologies Inc [LHX] rating to a Buy from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in early January from “a Mkt perform” to “an Outperform”. Raymond James also remained covering LHX and has decreased its forecast on January 02, 2025 with a “Mkt perform” recommendation from previously “an Outperform” rating. Argus revised its rating on November 26, 2024. It rated LHX as “a Buy” which previously was an “a Hold”.

Price Performance Review of LHX

On Tuesday, L3Harris Technologies Inc [NYSE:LHX] saw its stock jump 0.45% to $215.08. Over the last five days, the stock has lost -3.42%. L3Harris Technologies Inc shares have risen nearly 2.28% since the year began. Nevertheless, the stocks have risen 6.43% over the past one year. While a 52-week high of $265.74 was reached on 03/10/25, a 52-week low of $193.09 was recorded on 02/20/25. SMA at 50 days reached $209.07, while 200 days put it at $226.08.

Levels Of Support And Resistance For LHX Stock

The 24-hour chart illustrates a support level at 211.92, which if violated will result in even more drops to 208.76. On the upside, there is a resistance level at 217.73. A further resistance level may holdings at 220.38. The Relative Strength Index (RSI) on the 14-day chart is 53.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.00%. Stochastics %K at 70.55% indicates the stock is a holding.

How much short interest is there in L3Harris Technologies Inc?

A steep rise in short interest was recorded in L3Harris Technologies Inc stocks on 2025-03-31, growing by 0.37 million shares to a total of 3.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.12 million shares. There was a rise of 10.58%, which implies that there is a positive sentiment for the stock.

Most Popular