Leidos Holdings (LDOS) has risen sharply, recording gains of 6.28% in the past 4 weeks. However, the stock has corrected -1.58% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.83% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 3.91% and the 50-Day Moving Average is 2.72%.
Leidos Holdings (NYSE:LDOS): The stock opened at $50.04 on Friday but the bulls could not build on the opening and the stock topped out at $50.08 for the day. The stock traded down to $48.86 during the day, due to lack of any buying support eventually closed down at $49.79 with a loss of -0.42% for the day. The stock had closed at $50.00 on the previous day. The total traded volume was 2,045,535 shares.
The company Insiders own 1.7% of Leidos Holdings shares according to the proxy statements. Institutional Investors own 57.58% of Leidos Holdings shares. During last six month period, the net percent change held by insiders has seen a change of 9.12%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Leidos Holdings, Inc., Shapard Robert S had purchased shares worth of $188,160 in a transaction dated on March 14, 2016. A total of 4,000 shares were purchased at a price of $47.04 per share. The information is based on open market trades at the market prices.Option exercises are not covered.