Friday, June 22, 2018

Lockheed Martin shares down. Are investors seeing something many don't?

via Norman Observer.com
Keystone Financial Planning Inc decreased its stake in Lockheed Martin (LMT) by 76.71% based on its latest 2018Q1 regulatory filing with the SEC. Keystone Financial Planning Inc sold 10,833 shares as the company’s stock declined 10.57% with the market. The institutional investor held 3,289 shares of the military and government and technical company at the end of 2018Q1, valued at $1.11M, down from 14,122 at the end of the previous reported quarter. Keystone Financial Planning Inc who had been investing in Lockheed Martin for a number of months, seems to be less bullish one the $85.77 billion market cap company.
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 Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.23, from 1.18 in 2017Q4. It fall, as 43 investors sold LMT shares while 441 reduced holdings.
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 Since January 29, 2018, it had 0 insider purchases, and 2 sales for $9.28 million activity. Another trade for 19,000 shares valued at $6.59M was made by HEWSON MARILLYN A on Monday, January 29.

Since January 3, 2018, it had 0 insider purchases, and 52 insider sales for $197.53 million activity. Another trade for 5,126 shares valued at $1.31M was made by FRIEDLAND JONATHAN on Tuesday, January 23. Shares for $363,000 were sold by WELLS DAVID B on Friday, June 1. 75,271 shares were sold by HASTINGS REED, worth $23.86M. 
Hmmm.

Seems as if certain "big" investors and a few well placed insiders are starting to shed stock.

We think of defense programs as being about protecting a nation(s).  Wall Street only cares about money and don't care one bit about the survival of the West in a fight against China.

If the money is fleeing then what is the cause?

Is this the first indication of bad news coming out of Lockheed Martin?

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