Lockheed Martin Corporation (LMT) : Fridays money flow data in Lockheed Martin Corporation (LMT) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $89.32 million, whereas, $72.29 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.24, in favor of the bulls. The total money flow into the stock was $17.04 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $21.31 million. The total value of block trades done on upticks was $21.31 million. Lockheed Martin Corporation (LMT) fell $0.29 and traded at $243.32, down -0.12% for the day, over previous days close. On a weekly basis, the shares are -0.46% over the previous weeks close.
The company Insiders own 0.42% of Lockheed Martin Corporation shares according to the proxy statements. Institutional Investors own 81.35% of Lockheed Martin Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -30.52%.
In a related news, The officer (Executive Vice President), of Lockheed Martin Corp, Barbour Sondra L had unloaded 66,460 shares at $255.89 per share in a transaction on August 3, 2016. The total value of transaction was $17,006,449. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Lockheed Martin Corporation (NYSE:LMT): stock was range-bound between the intraday low of $242.26 and the intraday high of $245 after having opened at $243.75 on Fridays session. The stock finally closed in the red at $243.75, a loss of -0.12%. The stock remained in the red for the whole trading day. The total traded volume was 1,492,696 shares. The stock failed to cross $245 in Fridays trading. The stocks closing price on Thursday was $243.61.
Lockheed Martin Corporation (LMT) : During the past 4 weeks, traders have been relatively bearish on Lockheed Martin Corporation (LMT), hence the stock is down -6.4% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.96% relative to the S&P 500. The 4-week change in the price of the stock is -6.52% and the stock has fallen -0.46% in the past 1 week.
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.