Leonardo DRS Inc’s recently made public that its Chief Executive Officer Lynn William III unloaded Company’s shares for reported $1.83 million on May 15 ’25. In the deal valued at $40.77 per share,45,000 shares were sold. As a result of this transaction, Lynn William III now holds 322,382 shares worth roughly $14.22 million.
Then, Lynn William III bought 45,000 shares, generating $1,813,050 in total proceeds.
Before that, Baylouny John sold 3,529 shares. Leonardo DRS Inc shares valued at $112,787 were divested by the EVP and COO at a price of $31.96 per share. As a result of the transaction, Baylouny John now holds 137,283 shares, worth roughly $6.06 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 0.43% to $44.11. Over the last five days, the stock has gained 3.79%. Leonardo DRS Inc shares have risen nearly 36.52% since the year began. Nevertheless, the stocks have risen 88.58% over the past one year. While a 52-week high of $43.96 was reached on 06/03/25, a 52-week low of $22.73 was recorded on 04/07/25. SMA at 50 days reached $37.78, while 200 days put it at $33.17.
Levels Of Support And Resistance For DRS Stock
The 24-hour chart illustrates a support level at 43.38, which if violated will result in even more drops to 42.64. On the upside, there is a resistance level at 44.62. A further resistance level may holdings at 45.12. The Relative Strength Index (RSI) on the 14-day chart is 70.56, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.59, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.39%. Stochastics %K at 88.78% 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 2025-05-15, growing by 0.45 million shares to a total of 2.63 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 2.18 million shares. There was a rise of 17.05%, 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.
