Published on 2 Oct 2022 on Simply Wall St. via Yahoo Finance
Insiders seem to have made the most of their holdings by selling US$13m worth of Lockheed Martin Corporation (NYSE:LMT) stock at an average sell price of US$433 during the past year. After the stock price dropped 6.5% last week, the company's market value declined by US$7.1b, but insiders were able to mitigate their losses.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Lockheed Martin