Dominos Pizza Inc’s recently made public that its EVP, Chief Restaurant Officer GARRIDO FRANK unloaded Company’s shares for reported $0.25 million on May 01 ’24. In the deal valued at $521.45 per share,470 shares were sold. As a result of this transaction, GARRIDO FRANK now holds 6,323 shares worth roughly $3.25 million.
Then, PARRISH JESSICA L sold 400 shares, generating $209,672 in total proceeds. Upon selling the shares at $524.18, the VP, Chief Accounting Officer now owns 2,284 shares.
Before that, WEINER RUSSELL J sold 11,780 shares. Dominos Pizza Inc shares valued at $6,200,586 were divested by the Chief Executive Officer at a price of $526.37 per share. As a result of the transaction, WEINER RUSSELL J now holds 32,001 shares, worth roughly $16.46 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 0.32% to $514.33. Over the last five days, the stock has gained 3.06%. Dominos Pizza Inc shares have risen nearly 24.77% since the year began. Nevertheless, the stocks have risen 63.35% over the past one year. While a 52-week high of $542.75 was reached on 04/30/24, a 52-week low of $285.84 was recorded on 01/08/24. SMA at 50 days reached $475.41, while 200 days put it at $411.97. A total of 0.58 million shares were traded, compared to the trading of 0.47 million shares in the previous session.
Levels Of Support And Resistance For DPZ Stock
The 24-hour chart illustrates a support level at 509.28, which if violated will result in even more drops to 504.22. On the upside, there is a resistance level at 519.19. A further resistance level may holdings at 524.04. The Relative Strength Index (RSI) on the 14-day chart is 61.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 17.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.62%. Stochastics %K at 61.58% indicates the stock is a holding.
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.
