Leidos Holdings, Inc. (NYSE:LDOS) Director Gary Stephen May sold 800 shares of Leidos Holdings stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $55.75, for a total transaction of $44,600.00. Following the completion of the transaction, the director now owns 6,680 shares of the company’s stock, valued at $372,410. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Leidos Holdings, Inc. (LDOS) traded up 0.41% on Friday, reaching $58.56. 60,154 shares of the company’s stock traded hands. Leidos Holdings, Inc. has a 52-week low of $40.42 and a 52-week high of $58.74. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 26.24 and a beta of 1.73. The firm’s 50-day moving average is $55.11 and its 200-day moving average is $53.58.

Leidos Holdings (NYSE:LDOS) last announced its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.27. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The company’s revenue for the quarter was up 99.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 earnings per share. Analysts anticipate that Leidos Holdings, Inc. will post $3.55 EPS for the current fiscal year.

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LDOS has been the subject of a number of recent research reports. Cowen and Company lifted their price objective on shares of Leidos Holdings from $58.00 to $62.00 and gave the company an “outperform” rating in a research note on Friday, May 5th. Zacks Investment Research upgraded shares of Leidos Holdings from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research note on Saturday, May 6th. BidaskClub lowered shares of Leidos Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, July 1st. Finally, Goldman Sachs Group, Inc. (The) upgraded shares of Leidos Holdings from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $61.00 to $68.00 in a research note on Thursday, August 10th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $60.30.

Several hedge funds have recently made changes to their positions in LDOS. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Leidos Holdings by 0.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,975 shares of the aerospace company’s stock worth $102,000 after buying an additional 18 shares during the period. Bronfman E.L. Rothschild L.P. boosted its position in Leidos Holdings by 4.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,147 shares of the aerospace company’s stock valued at $110,000 after buying an additional 100 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in Leidos Holdings by 31.2% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,158 shares of the aerospace company’s stock valued at $111,000 after buying an additional 513 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in Leidos Holdings by 263.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,111 shares of the aerospace company’s stock valued at $161,000 after buying an additional 2,254 shares during the last quarter. Finally, Hanseatic Management Services Inc. bought a new position in Leidos Holdings during the second quarter valued at $174,000. 75.15% of the stock is owned by hedge funds and other institutional investors.

Leidos Holdings Company Profile

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

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