ImportantLMT
Explain this story: Lockheed Martin Corporation $LMT Stock Position Increased by CX Institutional
Explain like I'm 7
A big investor bought a lot more shares of Lockheed Martin, a company that makes fighter jets. The company also sold more stuff than expected.
Earnings · Institutional stake raised; earnings and revenue beat estimatesMarketBeatSector and industry: IndustrialsAerospace & DefenseTell me moreShow less
Explain like I'm 7
A big investor bought a lot more shares of Lockheed Martin, a company that makes fighter jets. The company also sold more stuff than expected.
What happenedFrom the article
- CX Institutional increased its stake in Lockheed Martin by 527.4% in Q3, now holding 18,415 shares valued at $9.38 million.
- Institutional investors collectively own 74.19% of the company.
- Lockheed Martin recently reported strong quarterly and growth, beating estimates.
- is mixed, with an average "Hold" rating.