Northrop Grumman Corp’s recently made public that its Director WELSH MARK A III unloaded Company’s shares for reported $15850.0 on Apr 07 ’25. In the deal valued at $480.30 per share,33 shares were sold. As a result of this transaction, WELSH MARK A III now holds 4,057 shares worth roughly $1.88 million.
Then, Warden Kathy J sold 3,750 shares, generating $1,783,688 in total proceeds. Upon selling the shares at $475.65, the Chair, CEO and President now owns 212,852 shares.
Before that, WELSH MARK A III sold 33 shares. Northrop Grumman Corp shares valued at $15,631 were divested by the Director at a price of $473.66 per share. As a result of the transaction, WELSH MARK A III now holds 4,073 shares, worth roughly $1.89 million.
Goldman upgraded its Northrop Grumman Corp [NOC] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in late March from “a Sector perform” to “an Outperform”. Wolfe Research also remained covering NOC and has increased its forecast on February 03, 2025 with a “Peer perform” recommendation from previously “an Underperform” rating. Citigroup revised its rating on January 21, 2025. It rated NOC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NOC
On Tuesday, Northrop Grumman Corp [NYSE:NOC] saw its stock fall -12.66% to $464.08. Over the last five days, the stock has lost -13.39%. Northrop Grumman Corp shares have fallen nearly -1.11% since the year began. Nevertheless, the stocks have risen 2.56% over the past one year. While a 52-week high of $555.57 was reached on 04/17/25, a 52-week low of $418.60 was recorded on 02/20/25. SMA at 50 days reached $487.48, while 200 days put it at $492.82.
Levels Of Support And Resistance For NOC Stock
The 24-hour chart illustrates a support level at 444.74, which if violated will result in even more drops to 425.40. On the upside, there is a resistance level at 488.81. A further resistance level may holdings at 513.54. The Relative Strength Index (RSI) on the 14-day chart is 35.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.26%. Stochastics %K at 63.32% indicates the stock is a holding.
How much short interest is there in Northrop Grumman Corp?
A steep rise in short interest was recorded in Northrop Grumman Corp stocks on 2025-03-31, growing by 65286.0 shares to a total of 2.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.3 million shares. There was a rise of 2.76%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 14, 2025 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $544 price target.
