Michael Dippold, the EVP and CFO of $DRS, sold 26,618 shares of the company on 03-18-2025 for an estimated $870,408. We received data on the trade from a recent SEC filing. This was a sale of approximately 27.9% of their shares of this class of stock. Following this trade, they now own 68,802 shares of this class of $DRS stock.
$DRS Insider Trading Activity
$DRS insiders have traded $DRS stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $DRS stock by insiders over the last 6 months:
- WILLIAM III LYNN (Chief Executive Officer) has made 0 purchases and 3 sales selling 135,000 shares for an estimated $4,590,900.
- MICHAEL DIPPOLD (EVP and CFO) has made 0 purchases and 2 sales selling 52,498 shares for an estimated $1,752,399.
- MARK DORFMAN (EVP, GC and Secretary) has made 0 purchases and 2 sales selling 43,076 shares for an estimated $1,439,721.
- PAMELA MORROW (SVP and Controller) has made 0 purchases and 2 sales selling 19,954 shares for an estimated $677,156.
- JOHN BAYLOUNY (EVP and COO) has made 0 purchases and 4 sales selling 18,822 shares for an estimated $627,338.
- SALLY WALLACE (EVP, Business Operations) has made 0 purchases and 2 sales selling 12,692 shares for an estimated $425,353.
- ERIC SALZMAN has made 0 purchases and 2 sales selling 6,954 shares for an estimated $236,853.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DRS Hedge Fund Activity
We have seen 137 institutional investors add shares of $DRS stock to their portfolio, and 95 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 2,236,661 shares (+183.2%) to their portfolio in Q4 2024, for an estimated $72,266,516
- BLACKROCK, INC. added 1,145,246 shares (+20.8%) to their portfolio in Q4 2024, for an estimated $37,002,898
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 1,123,719 shares (-18.2%) from their portfolio in Q4 2024, for an estimated $36,307,360
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,122,829 shares (-57.3%) from their portfolio in Q4 2024, for an estimated $36,278,604
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 1,028,117 shares (-45.1%) from their portfolio in Q4 2024, for an estimated $33,218,460
- BROWN ADVISORY INC removed 620,995 shares (-95.1%) from their portfolio in Q4 2024, for an estimated $20,064,348
- TEACHER RETIREMENT SYSTEM OF TEXAS added 498,979 shares (+87.7%) to their portfolio in Q4 2024, for an estimated $16,122,011
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DRS Analyst Ratings
Wall Street analysts have issued reports on $DRS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Bank of America Securities issued a "Outperform" rating on 09/24/2024
To track analyst ratings and price targets for $DRS, check out Quiver Quantitative's $DRS forecast page.
$DRS Price Targets
Multiple analysts have issued price targets for $DRS recently. We have seen 2 analysts offer price targets for $DRS in the last 6 months, with a median target of $33.5.
Here are some recent targets:
- Michael Ciarmoli from Truist Financial set a target price of $37.0 on 01/14/2025
- Ronald Epstein from Bank of America Securities set a target price of $30.0 on 09/24/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
