Corp Vp & Pres Ess Mark Caylor at Northrop Grumman Corporation (NYSE:NOC) purchased 1,750 shares of common stock, at a price of $47.99 per share. The acquisition was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Caylor on March 6, 2014. Following the reported transaction, Mr. Caylor holds 7,394 shares at this $25.61 Billion Market Cap Company, and another 32 shares, held in Northrop Grumman Savings & Investment Plan. There has been no other insider acquisition this year. Last reported purchase was Director Mr. William Hernandez’s during Q4 2013, when he acquired 1,000 shares, at a price of $107.28 per share.
In addition, Jean-Marie Eveillard’s First Eagle Investment Management has lowered its stake at the company by 9 % over the last reported quarter. It owns now 5,353,264 shares, worth over $660 million, which accounts for 1.75% of the fund’s Equity Portfolio. Another important fund that has felt slightly more bullish about Northrop Grumman Corporation (NYSE:NOC) is Winton Capital Management, from David Harding. Mr. Harding’s holding has increased its activity at the company by 5% over the last quarter, and currently holds above 1.7 million shares, valued at about $212 million, representing 0.64% of their Equity Portfolio.