Shares of Lockheed Martin Corporation (NYSE:LMT) Sees Large Outflow of Money

Shares of Lockheed Martin Corporation (NYSE:LMT) traded 0.23 points or 0.1% higher at $238.87.The total intraday money flow for the shares came in at a disappointing $(-4.18) million. The total upticks amounted to $39.36 million and the total downticks were approximately $43.54 million, with the up/down ratio of 0.9. On a different note, the shares have seen 0.55% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $4.29 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-4.29) million.


The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 1.49%. The company shares have rallied 24.53% in the past 52 Weeks. On May 12, 2016 The shares registered one year high of $245.37 and one year low was seen on August 24, 2015 at $181.91. The 50-day moving average is $239.68 and the 200 day moving average is recorded at $223.64. S&P 500 has rallied 1.93% during the last 52-weeks.

Lockheed Martin Corporation (NYSE:LMT): The stock opened at $239.49 on Tuesday but the bulls could not build on the opening and the stock topped out at $239.85 for the day. The stock traded down to $238.31 during the day, due to lack of any buying support eventually closed down at $238.55 with a loss of -0.04% for the day. The stock had closed at $238.64 on the previous day. The total traded volume was 928,324 shares.

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, Lavan Maryanne, officer (SVP & General Counsel) of Lockheed Martin Corp, unloaded 21,720 shares at an average price of $233.17 on April 28, 2016. The total amount of the transaction was worth $5,064,452, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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