Lockheed Martin Corp. (NYSE:LMT) insider Orlando D.
Carvalho sold 12,700 shares of Lockheed Martin Corp. stock in a transaction
that occurred on Friday, July 22nd. The shares were sold at an average price of
$254.78, for a total transaction of $3,235,706.00. Following the sale, the
insider now directly owns 29,120 shares of the company’s stock, valued at
approximately $7,419,193.60. The transaction was disclosed in a legal filing
with the Securities & Exchange Commission, which is accessible through this link.
The company also recently disclosed a quarterly dividend,
which will be paid on Friday, September 23rd. Stockholders of record on
Thursday, September 1st will be given a $1.65 dividend. This represents a $6.60
dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend
date of this dividend is Tuesday, August 30th.
A hedge fund recently raised its stake in Lockheed Martin
Corp. stock. Eagle Asset Management increased its position in shares of
Lockheed Martin Corp. (NYSE:LMT) by 23.1% during the third quarter, according
to its most recent disclosure with the Securities and Exchange Commission. The
firm owned 43,274 shares of the company’s stock after buying an additional
8,112 shares during the period. Eagle Asset Management’s holdings in Lockheed
Martin Corp. were worth $8,970,000 as of its most recent SEC filing.
Source: American Banking and Market News
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