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Northrop Grumman Corp VP sells $547k in stock By Investing.com
Kathryn G Simpson, VP & General Counsel of Northrop Grumman (NYSE:NOC), sold 779 shares of common stock for over $547,000. She also acquired shares through restricted stock rights and disposed of some for tax obligations. This sale comes as InvestingPro analysis suggests the stock is overvalued, despite the company recently exceeding earnings expectations, securing new contracts, and declaring a dividend.