Lockheed Martin Corporation (NYSE:LMT) has been a noteworthy figure within the market and has experienced a variety of encouraging and unfavorable occurrences. Most recently, the company's shares were reported to be trading up by 0.9%, eliciting interest among investors. The corporation is held in high regard by institutional investors, boasting 75% institutional ownership. However, insiders have been unloading stocks, with one insider having sold stock worth $1,421,495.46.
Furthermore, increased investment activity surrounding LMT is evident, with Maripau Wealth Management LLC purchasing 663 shares and numerous other investment firms increasing their stake in the defense giant. This is happening despite Wells Fargo & Company issuing a pessimistic forecast for LMT’s stock price. On the other hand, the company's stock was considered undervalued by 35%, sparking discussion about LMT as a worthy addition to retirement and dividend stock portfolios. Despite analysts' downgrades, LMT's offerings remain attractive, with the company unveiling scalable counter-unmanned aerial system solutions and being awarded a $2.8 billion THAAD development contract.
Lockheed Martin Corp LMT News Analytics from Mon, 09 Dec 2024 08:00:00 GMT to Sat, 01 Mar 2025 23:24:08 GMT -
Rating 2
- Innovation -5
- Information 7
- Rumor -3
