Northrop Grumman director Mark Welsh III sells $54,453 of common stock

Northrop Grumman director Mark Welsh III sold a total of $54,453 worth of common stock on November 2, 2026. The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan, which Welsh implemented on July 27, 2026. The sales comprised multiple blocks of shares: 7 shares sold at a weighted average price of $553.39, 20 shares at $554.48, 20 shares at $555.46, and 50 shares at $556.47.

After these sales, Welsh still owns 4,314 shares of Northrop Grumman common stock. The company's stock is currently trading at $525.01, which is below the prices at which Welsh sold his shares. Analysts believe the stock is undervalued and feature Northrop Grumman on their Most Undervalued list. With a market capitalization of $74.6 billion and a P/E ratio of 16.63, the company has increased its dividend for 22 consecutive years, currently yielding 1.88%.

Northrop Grumman's strong third-quarter results, exceeding profit expectations and confirming revenue forecasts, led to upgrades from Baird, Baird, and Guggenheim, indicating a positive growth outlook for the aerospace leader.