Checking in on L3Harris Technologies Inc (LHX) after recent insiders movement

In a filing, L3Harris Technologies Inc revealed its Pres., Space & Airborne Sys. ZOISS EDWARD J unloaded Company’s shares for reported $0.49 million on May 27 ’25. In the deal valued at $245.00 per share,2,000 shares were sold. As a result of this transaction, ZOISS EDWARD J now holds 25,325 shares worth roughly $6.22 million.

Then, ZOISS EDWARD J bought 2,000 shares, generating $490,000 in total proceeds.

Before that, NIEBERGALL ROSS bought 1,261 shares. L3Harris Technologies Inc shares valued at $267,452 were divested by the Officer at a price of $212.10 per share.

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 Monday, L3Harris Technologies Inc [NYSE:LHX] saw its stock jump 0.47% to $245.41. Over the last five days, the stock has gained 0.93%. L3Harris Technologies Inc shares have risen nearly 16.71% since the year began. Nevertheless, the stocks have risen 9.48% over the past one year. While a 52-week high of $265.74 was reached on 05/28/25, a 52-week low of $193.09 was recorded on 02/20/25. SMA at 50 days reached $223.52, while 200 days put it at $225.83.

Levels Of Support And Resistance For LHX Stock

The 24-hour chart illustrates a support level at 243.16, which if violated will result in even more drops to 240.91. On the upside, there is a resistance level at 246.83. A further resistance level may holdings at 248.25. The Relative Strength Index (RSI) on the 14-day chart is 71.81, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.55%. Stochastics %K at 75.34% indicates the stock is a holding.

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