Grid Dynamics Holdings Inc’s recently made public that its CHIEF FINANCIAL OFFICER Doradla Anil unloaded Company’s shares for reported $30000.0 on May 01 ’24. In the deal valued at $10.00 per share,3,000 shares were sold. As a result of this transaction, Doradla Anil now holds 385,979 shares worth roughly $3.89 million.
Then, Livschitz Leonard sold 10,000 shares, generating $105,438 in total proceeds. Upon selling the shares at $10.54, the CHIEF EXECUTIVE OFFICER now owns 3,660,691 shares.
Before that, Livschitz Leonard sold 15,000 shares. Grid Dynamics Holdings Inc shares valued at $178,112 were divested by the CHIEF EXECUTIVE OFFICER at a price of $11.87 per share. As a result of the transaction, Livschitz Leonard now holds 3,670,691 shares, worth roughly $36.96 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 Friday, Grid Dynamics Holdings Inc [NASDAQ:GDYN] saw its stock jump 2.34% to $10.07. Over the last five days, the stock has gained 1.41%. Grid Dynamics Holdings Inc shares have fallen nearly -24.46% since the year began. Nevertheless, the stocks have fallen -11.51% 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 05/03/24. SMA at 50 days reached $11.78, while 200 days put it at $12.03. A total of 0.56 million shares were traded, compared to the trading of 0.53 million shares in the previous session.
Levels Of Support And Resistance For GDYN Stock
The 24-hour chart illustrates a support level at 9.62, which if violated will result in even more drops to 9.17. On the upside, there is a resistance level at 10.32. A further resistance level may holdings at 10.57. The Relative Strength Index (RSI) on the 14-day chart is 35.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.23%. Stochastics %K at 26.51% indicates the stock is a holding.
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.
