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Potential Price Increase for Leonardo DRS Inc (DRS) After Recent Insider Activity

Leonardo DRS Inc’s recently made public that its EVP and COO Baylouny John unloaded 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 sold. As a result of this transaction, Baylouny John now holds 137,283 shares worth roughly $5.1 million.

Then, Baylouny John bought 3,529 shares, generating $112,787 in total proceeds.

Before that, Wallace Sally sold 1,498 shares. Leonardo DRS Inc shares valued at $47,666 were divested by the EVP, Business Operations at a price of $31.82 per share. As a result of the transaction, Wallace Sally now holds 59,653 shares, worth roughly $2.22 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 1.14% to $37.15. Over the last five days, the stock has gained 5.72%. Leonardo DRS Inc shares have risen nearly 14.98% since the year began. Nevertheless, the stocks have risen 73.68% over the past one year. While a 52-week high of $37.99 was reached on 04/28/25, a 52-week low of $19.88 was recorded on 04/07/25. SMA at 50 days reached $32.78, while 200 days put it at $31.51.

Levels Of Support And Resistance For DRS Stock

The 24-hour chart illustrates a support level at 36.61, which if violated will result in even more drops to 36.08. On the upside, there is a resistance level at 37.53. A further resistance level may holdings at 37.92. The Relative Strength Index (RSI) on the 14-day chart is 62.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.66%. Stochastics %K at 92.44% indicates the stock is a selling.

How much short interest is there in Leonardo DRS Inc?

A steep rise in short interest was recorded in Leonardo DRS Inc stocks on 2025-04-15, growing by 0.3 million shares to a total of 2.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.88 million shares. There was a rise of 13.7%, 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.

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