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Donnelley Financial Solutions Inc (DFIN) receives a Buy rating from DA Davidson

Donnelley Financial Solutions Inc’s recently made public that its Chief People & Admin Officer Williams Robert Kirk unloaded Company’s shares for reported $1.21 million on May 03 ’24. In the deal valued at $63.58 per share,19,084 shares were sold. As a result of this transaction, Williams Robert Kirk now holds 58,983 shares worth roughly $3.71 million.

Then, Clay Craig sold 5,698 shares, generating $376,203 in total proceeds. Upon selling the shares at $66.02, the President, GCM now owns 148,748 shares.

Before that, Jacobowitz Jeffrey sold 94,169 shares. Donnelley Financial Solutions Inc shares valued at $5,894,868 were divested by the Director at a price of $62.60 per share. As a result of the transaction, Jacobowitz Jeffrey now holds 2,232,487 shares, worth roughly $140.4 million.

DA Davidson upgraded its Donnelley Financial Solutions Inc [DFIN] rating to a Buy from a a Neutral in a research note published on April 12, 2024; the price target was increased to $72 from $60. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. DA Davidson also remained covering DFIN and has decreased its forecast on May 06, 2021 with a “Neutral” recommendation from previously “Buy” rating. B. Riley Securities maintained its rating on November 05, 2020. It rated DFIN as “a Buy”.

Price Performance Review of DFIN

On Tuesday, Donnelley Financial Solutions Inc [NYSE:DFIN] saw its stock fall -0.46% to $62.89. Over the last five days, the stock has gained 0.18%. Donnelley Financial Solutions Inc shares have risen nearly 0.83% since the year began. Nevertheless, the stocks have risen 48.15% over the past one year. While a 52-week high of $66.21 was reached on 04/24/24, a 52-week low of $41.74 was recorded on 02/20/24. SMA at 50 days reached $62.41, while 200 days put it at $57.41. A total of 0.51 million shares were traded, compared to the trading of 0.37 million shares in the previous session.

Levels Of Support And Resistance For DFIN Stock

The 24-hour chart illustrates a support level at 62.47, which if violated will result in even more drops to 62.06. On the upside, there is a resistance level at 63.68. A further resistance level may holdings at 64.48. The Relative Strength Index (RSI) on the 14-day chart is 51.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.24%. Stochastics %K at 63.27% indicates the stock is a holding.

The most recent change occurred on May 27, 2020 when BTIG Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $11 price target.

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