Shares of Lockheed Martin Corporation (NYSE:LMT) Sees Large Inflow of Net Money Flow

Lockheed Martin Corporation (NYSE:LMT) witnessed a selling pressure and the shares last traded with a loss of -0.6 points or -0.25% at $239.98. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $3.44 million with an inflow of $5.14 million in upticks and an outflow of $1.71 million in downticks. Using the data, the up/down ratio is found to be 3.02. The share price has recorded 0.44% on a weekly basis.A block trade of $3.74 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $3.74, signaling heavy buying.


Currently the company Insiders own 0.42% of Lockheed Martin Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -30.52% . Institutional Investors own 87.88% of Lockheed Martin Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -51.77%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Lavan Maryanne, officer (SVP & General Counsel) of Lockheed Martin Corp, had unloaded 21,720 shares at an average price of $233.17 in a transaction dated on April 28, 2016. The total value of the transaction was worth $5,064,452.

Lockheed Martin Corporation (NYSE:LMT) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.63 points or 1.09% at $237.95 with 1,076,282 shares getting traded. Post opening the session at $240.01, the shares hit an intraday low of $237.91 and an intraday high of $240.7 and the price was in this range throughout the day. The company has a market cap of $72,445 million and the number of outstanding shares have been calculated to be 304,453,020 shares. The 52-week high of Lockheed Martin Corporation (NYSE:LMT) is $245.37 and the 52-week low is $181.91.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Berenberg, downgrades their rating on the shares of Lockheed Martin Corporation (NYSE:LMT). Berenberg has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on May 31, 2016.

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.

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