Sally Wallace Sells 1,300 Shares of Leonardo DRS (NASDAQ:DRS) Stock

June 16, 2026 by InsiderTrades.com

Key Points

Leonardo DRS EVP Sally Wallace sold 1,300 shares on June 11 at an average price of $50.00, totaling $65,000. The sale, executed under a pre-arranged Rule 10b5-1 plan, reduced her holdings by 2.23%.
The company recently beat earnings expectations, reporting $0.26 EPS versus the $0.21 consensus and revenue of $846 million, up 5.9% year over year. Leonardo DRS also reaffirmed FY2026 EPS guidance of 1.260-1.300.
Analyst sentiment remains constructive, with an average rating of “Moderate Buy” and an average price target of $52.80. The stock was trading near $46.68, below that target, after moving down 3.8% in the session.

Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) EVP Sally Wallace sold 1,300 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $50.00, for a total value of $65,000.00. Following the transaction, the executive vice president owned 57,053 shares in the company, valued at $2,852,650. The trade was a 2.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sally Wallace also recently made the following trade(s):

On Thursday, April 2nd, Sally Wallace sold 28,960 shares of Leonardo DRS stock. The stock was sold at an average price of $46.35, for a total value of $1,342,296.00.

Leonardo DRS Trading Down 3.8%

Shares of Leonardo DRS stock opened at $46.68 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 1.86. The firm has a 50-day moving average of $44.60 and a 200-day moving average of $41.47. Leonardo DRS, Inc. has a 52-week low of $32.43 and a 52-week high of $50.59. The stock has a market cap of $12.45 billion, a PE ratio of 43.63, a PEG ratio of 3.50 and a beta of 0.34.

Leonardo DRS (NASDAQ:DRS - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.05. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The business had revenue of $846.00 million for the quarter, compared to analyst estimates of $825.05 million. During the same period last year, the firm earned $0.20 earnings per share. Leonardo DRS's revenue for the quarter was up 5.9% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. As a group, sell-side analysts forecast that Leonardo DRS, Inc. will post 1.3 EPS for the current year.

Leonardo DRS Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, May 19th. Leonardo DRS's payout ratio is presently 33.64%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on DRS shares. Morgan Stanley set a $47.00 price target on Leonardo DRS in a research report on Wednesday, February 25th. Bank of America upped their target price on Leonardo DRS from $50.00 to $55.00 and gave the company a "buy" rating in a research report on Wednesday, March 25th. Truist Financial raised Leonardo DRS to a "strong-buy" rating in a report on Friday, May 1st. Weiss Ratings upgraded Leonardo DRS from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, June 5th. Finally, Canaccord Genuity Group boosted their price target on Leonardo DRS from $52.00 to $54.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $52.80.

Get Our Latest Stock Report on Leonardo DRS

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Leonardo DRS by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,817 shares of the company's stock valued at $1,441,000 after purchasing an additional 1,922 shares during the last quarter. Millennium Management LLC lifted its position in shares of Leonardo DRS by 29.0% during the 1st quarter. Millennium Management LLC now owns 369,749 shares of the company's stock worth $12,157,000 after buying an additional 83,077 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Leonardo DRS by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,474 shares of the company's stock valued at $4,882,000 after buying an additional 12,712 shares in the last quarter. Intech Investment Management LLC grew its position in Leonardo DRS by 18.6% in the first quarter. Intech Investment Management LLC now owns 48,560 shares of the company's stock valued at $1,597,000 after acquiring an additional 7,625 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in Leonardo DRS during the first quarter worth about $225,000. 18.76% of the stock is currently owned by institutional investors and hedge funds.

Leonardo DRS Company Profile

(Get Free Report)

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy's Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company's portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.