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Leonardo DRS, Inc. NASDAQ:DRS Executive Vice President, General Counsel, and Secretary Mark Dorfman, sold 12,801 shares of common stock on September 12, 2025, according to a new SEC filing. The sales, executed at a price of $41.65 per share, amounted to $533161. The defense technology company, currently valued at $11.2 billion, has seen its stock surge 51% over the past year, with InvestingPro analysis indicating the stock is currently overvalued despite strong financial health metrics.
Following the transactions, Dorfman directly owns 39200 shares of Leonardo DRS, Inc. With analysts setting price targets between $45 and $53, and a consensus "Strong Buy" recommendation, investors seeking deeper insights can access the comprehensive Pro Research Report available on InvestingPro.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025.
In other recent news, Leonardo DRS reported a 10% year-over-year increase in revenue for the second quarter, reaching $829 million. The company also experienced a notable rise in adjusted EBITDA and adjusted earnings per share (EPS), indicating robust operational performance. As a result, Leonardo DRS has raised its full-year revenue guidance, now anticipating growth between 9% and 11%. These developments highlight the company’s solid financial standing and optimistic outlook. Investors may find these earnings results encouraging, given the company’s upward revision of its revenue expectations. The defense contractor’s performance reflects its ability to capitalize on market opportunities. No analyst upgrades or downgrades were reported in relation to these earnings.
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