Insider Selling: Leonardo DRS (NASDAQ:DRS) CFO Sells 14,317 Shares of Stock

November 4, 2026 by InsiderTrades.com

Key Points

CFO Michael Dippold sold 14,317 shares for about $543,000, reducing his direct holdings by roughly 41% to 20,826 shares. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
Leonardo DRS reported quarterly EPS of $0.46, beating the $0.35 analyst estimate, while revenue rose 11% year over year to $1.07 billion.
AeroVironment selected the company for work on a U.S. Army laser production program, and analysts’ average price target is $51.50, above the stock’s cited $38.86 price.

Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) CFO Michael Dippold sold 14,317 shares of the company's stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $37.91, for a total transaction of $542,757.47. Following the sale, the chief financial officer directly owned 20,826 shares of the company's stock, valued at approximately $789,513.66. This represents a 40.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

3 European Defense Stocks Raising Guidance While the Sector Lags

Michael Dippold also recently made the following trade(s):

On Wednesday, September 2nd, Michael Dippold sold 20,317 shares of Leonardo DRS stock. The shares were sold at an average price of $37.18, for a total transaction of $755,386.06.

Leonardo DRS Stock Performance

NASDAQ:DRS opened at $38.86 on Wednesday. The firm has a market capitalization of $10.36 billion, a PE ratio of 24.78, a PEG ratio of 2.09 and a beta of 0.37. Leonardo DRS, Inc. has a 1 year low of $32.43 and a 1 year high of $50.59. The company has a current ratio of 1.88, a quick ratio of 1.56 and a debt-to-equity ratio of 0.06. The firm's fifty day simple moving average is $36.62 and its 200 day simple moving average is $42.15.

Leonardo DRS (NASDAQ:DRS - Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.11. Leonardo DRS had a net margin of 9.40% and a return on equity of 14.33%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the previous year, the business earned $0.29 EPS. The business's revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts anticipate that Leonardo DRS, Inc. will post 1.48 EPS for the current year.

Leonardo DRS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Thursday, November 12th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 12th. Leonardo DRS's dividend payout ratio (DPR) is currently 26.47%.

Key Stories Impacting Leonardo DRS

Here are the key news stories impacting Leonardo DRS this week:

Positive Sentiment: AeroVironment selected Leonardo DRS to provide rugged vehicle-integration expertise, as well as power and thermal-management work, for the U.S. Army’s Enduring-High Energy Laser production program. The award adds work tied to a U.S. Army production effort; its financial value was not disclosed. Leonardo DRS Selected by AV for U.S. Army's Enduring-High Energy Laser Production Program
Positive Sentiment: BTIG reaffirmed its Buy rating with a $50 target, while Morgan Stanley raised its target from $44 to $45 but kept an Equal Weight rating. A separate report cited a $51.50 consensus target, suggesting analysts see potential upside. Leonardo DRS Stock Has Consensus Target Price of $51.50
Neutral Sentiment: CFO Michael Dippold sold 14,317 shares for about $543,000, reducing his holdings by roughly 41% but retaining 20,826 shares. The sale was executed under a pre-arranged Rule 10b5-1 plan, which may temper concerns about the transaction’s timing. SEC filing

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Weiss Ratings cut Leonardo DRS from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, October 22nd. Morgan Stanley upped their price target on Leonardo DRS from $44.00 to $45.00 and gave the stock an "equal weight" rating in a report on Monday. Oppenheimer began coverage on Leonardo DRS in a research report on Thursday, October 22nd. They issued an "outperform" rating and a $45.00 price objective for the company. BTIG Research restated a "buy" rating and issued a $50.00 price objective on shares of Leonardo DRS in a research note on Monday. Finally, Guggenheim began coverage on shares of Leonardo DRS in a research report on Monday, September 14th. They set a "buy" rating and a $51.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Leonardo DRS currently has an average rating of "Buy" and a consensus price target of $51.50.

Get Our Latest Analysis on DRS

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Leonardo DRS in the second quarter valued at about $212,883,000. Bank of America Corp DE bought a new position in Leonardo DRS during the second quarter valued at about $24,941,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Leonardo DRS during the second quarter valued at about $24,857,000. Bank of New York Mellon Corp increased its stake in Leonardo DRS by 3.1% during the first quarter. Bank of New York Mellon Corp now owns 517,166 shares of the company's stock valued at $23,024,000 after acquiring an additional 15,349 shares during the period. Finally, Ieq Capital LLC acquired a new position in Leonardo DRS in the 2nd quarter valued at approximately $8,705,000. Institutional investors and hedge funds own 18.76% of the company's stock.

Leonardo DRS Company Profile

(Get Free Report)

Leonardo DRS, Inc is a defense technology company that develops and supplies advanced products and systems for the U.S. military and government customers, as well as allied nations. The company operates as a subsidiary of Leonardo S.p.A. and focuses on technologies used in land, sea, air and space-related defense applications.

Its offerings include sensing and surveillance systems, electro-optical and infrared technologies, radar and electronic warfare products, network computing and communications systems, counter-uncrewed aircraft systems, force protection equipment, and naval power and propulsion systems.