Dominos Pizza Inc’s recently made public that its EVP, Chief Supply Chain Offr HEADEN CYNTHIA A unloaded Company’s shares for reported $53469.0 on Apr 02 ’24. In the deal valued at $495.08 per share,108 shares were sold. As a result of this transaction, HEADEN CYNTHIA A now holds 3,910 shares worth roughly $1.93 million.
Then, HEADEN CYNTHIA A sold 768 shares, generating $346,768 in total proceeds. Upon selling the shares at $451.52, the EVP, Chief Supply Chain Offr now owns 4,103 shares.
Before that, MORRIS KEVIN SCOTT sold 517 shares. Dominos Pizza Inc shares valued at $234,405 were divested by the EVP, Gen’l Counsel, Secretary at a price of $453.39 per share. As a result of the transaction, MORRIS KEVIN SCOTT now holds 4,937 shares, worth roughly $2.43 million.
Argus upgraded its Dominos Pizza Inc [DPZ] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “a Neutral”. Gordon Haskett also remained covering DPZ and has increased its forecast on January 16, 2024 with a “Buy” recommendation from previously “Hold” rating. Bernstein revised its rating on January 09, 2024. It rated DPZ as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of DPZ
On Friday, Dominos Pizza Inc [NYSE:DPZ] saw its stock jump 2.14% to $493.20. Over the last five days, the stock has lost -0.74%. Dominos Pizza Inc shares have risen nearly 19.64% since the year began. Nevertheless, the stocks have risen 49.92% over the past one year. While a 52-week high of $508.44 was reached on 04/03/24, a 52-week low of $285.84 was recorded on 01/08/24. SMA at 50 days reached $446.08, while 200 days put it at $397.09. A total of 0.7 million shares were traded, compared to the trading of 0.84 million shares in the previous session.
Levels Of Support And Resistance For DPZ Stock
The 24-hour chart illustrates a support level at 487.15, which if violated will result in even more drops to 481.10. On the upside, there is a resistance level at 497.10. A further resistance level may holdings at 501.01. The Relative Strength Index (RSI) on the 14-day chart is 65.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 17.98, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.35%. Stochastics %K at 78.84% indicates the stock is a holding.
How much short interest is there in Dominos Pizza Inc?
A steep rise in short interest was recorded in Dominos Pizza Inc stocks on Mar 15, 2024, growing by 0.6 million shares to a total of 1.97 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.37 million shares. There was a rise of 30.46%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 6.38% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.18.
The most recent change occurred on December 20, 2023 when HSBC Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $466 price target.
