Grid Dynamics Holdings Inc’s recent filing unveils that its CHIEF EXECUTIVE OFFICER Livschitz Leonard unloaded Company’s shares for reported $0.18 million on Apr 09 ’24. In the deal valued at $11.87 per share,15,000 shares were sold. As a result of this transaction, Livschitz Leonard now holds 3,670,691 shares worth roughly $38.25 million.
Then, Doradla Anil sold 3,000 shares, generating $36,326 in total proceeds. Upon selling the shares at $12.11, the CHIEF FINANCIAL OFFICER now owns 388,979 shares.
Before that, Livschitz Leonard sold 3,116 shares. Grid Dynamics Holdings Inc shares valued at $37,392 were divested by the CHIEF EXECUTIVE OFFICER at a price of $12.00 per share. As a result of the transaction, Livschitz Leonard now holds 3,685,691 shares, worth roughly $38.4 million.
Needham reiterated its Grid Dynamics Holdings Inc [GDYN] rating to a Buy in a research note published on March 04, 2022; the price target was $22. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early November with a ‘”a Buy”‘ rating. JP Morgan began covering GDYN with “an Overweight” recommendation on July 30, 2021.
Price Performance Review of GDYN
On Tuesday, Grid Dynamics Holdings Inc [NASDAQ:GDYN] saw its stock jump 0.39% to $10.42. Over the last five days, the stock has lost -1.04%. Grid Dynamics Holdings Inc shares have fallen nearly -21.83% since the year began. Nevertheless, the stocks have fallen -10.17% over the past one year. While a 52-week high of $14.70 was reached on 02/23/24, a 52-week low of $8.00 was recorded on 04/18/24. SMA at 50 days reached $12.38, while 200 days put it at $12.07. A total of 0.22 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For GDYN Stock
The 24-hour chart illustrates a support level at 10.31, which if violated will result in even more drops to 10.19. On the upside, there is a resistance level at 10.58. A further resistance level may holdings at 10.74. The Relative Strength Index (RSI) on the 14-day chart is 31.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.35%. Stochastics %K at 14.20% indicates the stock is a buying.
The most recent change occurred on October 15, 2020 when Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11 price target.
