$280,000 of LEONARDO DRS INC lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"House and Senate Fiscal Year 2025 Department of Defense(DoD)Authorization and Appropriation Bills - issues related to force protection, aircraft, submarines, shipbuilding, ground vehicles, sensors, air defense, space systems, communications and combat systems."
You can find more data on corporate lobbying on Quiver Quantitative.
DRS Insider Trading Activity
DRS insiders have traded $DRS stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 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) sold 45,000 shares for an estimated $1,533,150
- MICHAEL DIPPOLD (EVP and CFO) sold 25,880 shares for an estimated $881,990
- MARK DORFMAN (EVP, GC and Secretary) sold 23,042 shares for an estimated $784,810
- JOHN BAYLOUNY (EVP and COO) has made 0 purchases and 2 sales selling 11,764 shares for an estimated $396,682.
- PAMELA MORROW (SVP and Controller) sold 11,100 shares for an estimated $386,391
- SALLY WALLACE (EVP, Business Operations) sold 4,339 shares for an estimated $151,040
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
DRS Hedge Fund Activity
We have seen 117 institutional investors add shares of DRS stock to their portfolio, and 69 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 3,957,551 shares (-63.4%) from their portfolio in Q3 2024, for an estimated $111,682,089
- BROWN ADVISORY INC removed 816,354 shares (-55.6%) from their portfolio in Q3 2024, for an estimated $23,037,509
- FMR LLC removed 779,197 shares (-39.0%) from their portfolio in Q3 2024, for an estimated $21,988,939
- FIRST TRUST ADVISORS LP added 766,282 shares (+139.5%) to their portfolio in Q3 2024, for an estimated $21,624,478
- GOLDMAN SACHS GROUP INC added 703,989 shares (+382.5%) to their portfolio in Q3 2024, for an estimated $19,866,569
- LOOMIS SAYLES & CO L P removed 703,230 shares (-95.1%) from their portfolio in Q3 2024, for an estimated $19,845,150
- ALLIANCEBERNSTEIN L.P. removed 622,487 shares (-14.8%) from their portfolio in Q3 2024, for an estimated $17,566,583
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
