Arvind Krishna Acquires Shares of Northrop Grumman
Arvind Krishna purchased 71 shares of Northrop Grumman valued at $36,161 on June 30.
Key Points
- Arvind Krishna bought 71 shares of Northrop Grumman on June 30, 2026, with a total value of $36,161.
- Northrop Grumman, trading at $509.31, has a market cap of $72.3 billion, a P/E ratio of 16.0, and a 52-week range of $489.52 to $774.00.
- Major funds like BlackRock and Vanguard increased their positions in Northrop Grumman, while Capital International Investors reduced its stake significantly.
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Arvind Krishna, on June 30, 2026, purchased 71 shares of Northrop Grumman Corporation (NYSE:NOC) at an average price of $509.31 per share, amounting to a total transaction value of $36,161. This insider transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Northrop Grumman Corporation
Several insiders have been active at Northrop Grumman recently. On the same day as Krishna's purchase, Marianne Catherine Brown also bought 91 shares at the same price. Earlier, on May 20, 2026, insiders including James Turley, David Abney, Kimberly Ross, and Mary Winston each acquired 349 shares at $552.17 per share.
Northrop Grumman Corporation Stock Down 6.2%
Shares of Northrop Grumman traded near $509.31 on Wednesday. The company has a market cap of approximately $72.3 billion and trades at a P/E ratio of 16.0. Over the past year, the stock has ranged from a low of $489.52 to a high of $774.00. Its 50-day moving average is $554.06, while the 200-day moving average is $613.66. The firm's financial health is reflected in its current ratio of 1.15 and a debt-to-equity ratio of 102.68.
$NOC stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On July 1, 2026, Citigroup maintained a 'buy' rating on Northrop Grumman with a price target of $587. Jefferies, on June 26, 2026, upheld a 'hold' rating with a target of $580. The stock has a consensus rating of 'buy' with an average target price of $695.05 from 21 analysts.
About Northrop Grumman
Northrop Grumman Corporation is a major player in the aerospace and defense sector, headquartered in Falls Church, Virginia. The company, led by CEO Kathy J. Warden, employs around 95,000 people. It operates through four main segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems, providing a range of products from aircraft and missile systems to cyber solutions and space vehicles.
Bottom Line
Arvind Krishna's recent purchase of Northrop Grumman shares adds to the ongoing insider activity within the company. Investors often track such transactions for potential insights into company confidence. However, it's important to remember that these filings reflect past actions and may not indicate current or future holdings.
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