Leidos director May sells $356k in shares

Published 13/08/2025, 23:08
Leidos director May sells $356k in shares

Leidos Holdings, Inc. (NYSE:LDOS), a prominent player in the Professional Services industry with a market capitalization of $23.3 billion, saw Director Gary Stephen May sell 2,000 shares of common stock on August 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $178.0522, for a total transaction value of $356104.

The prices for the sale ranged from $177.87 to $178.16. Following the transaction, May directly owns 10,137 shares of Leidos Holdings , Inc.

In other recent news, Leidos Holdings Inc. reported strong financial results for the second quarter of 2025, surpassing earnings expectations. The company achieved an earnings per share of $3.21, exceeding the forecast of $2.64 by 21.59%, with revenue reaching $4.25 billion, slightly above the expected $4.24 billion. This impressive performance led to Leidos raising its fiscal year 2025 guidance. Stifel responded by increasing its price target for Leidos to $204 from $178, maintaining a Buy rating, while UBS raised its price target to $184 from $168, citing strong margins and improved revenue visibility. Additionally, Leidos secured a $105.5 million contract from the U.S. Department of Defense for research support services at the Naval Health Research Center. In a strategic move, Leidos partnered with Second Front Systems to streamline software delivery across federal agencies, aiming to reduce time and costs for deploying secure software. These developments reflect Leidos’ ongoing efforts to strengthen its market position and operational capabilities.

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