Diebold Nixdorf Inc’s recently made public that its EVP of Operational Excellence Baur Frank Tobias acquired Company’s shares for reported $0.17 million on May 07 ’24. In the deal valued at $39.46 per share,4,200 shares were bought. As a result of this transaction, Baur Frank Tobias now holds 23,112 shares worth roughly $0.92 million.
Then, Marquez Octavio bought 513 shares, generating $19,958 in total proceeds. Upon buying the shares at $38.90, the President and CEO now owns 134,674 shares.
Before that, Capital World Investors sold 84 shares. Diebold Nixdorf Inc shares valued at $2,785 were divested by the 10% Owner at a price of $33.16 per share. As a result of the transaction, Capital World Investors now holds 341,814 shares, worth roughly $13.65 million.
Wedbush upgraded its Diebold Nixdorf Inc [DBD] rating to an Outperform from a a Neutral in a research note published on May 03, 2024; the price target was increased to $50 from $40. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. DA Davidson began covering DBD with “Neutral” recommendation on August 15, 2023.
Price Performance Review of DBD
On Tuesday, Diebold Nixdorf Inc [NYSE:DBD] saw its stock jump 3.71% to $39.93. Over the last five days, the stock has gained 26.12%. Diebold Nixdorf Inc shares have risen nearly 37.93% since the year began. A total of 0.4 million shares were traded, compared to the trading of 0.32 million shares in the previous session.
Levels Of Support And Resistance For DBD Stock
The 24-hour chart illustrates a support level at 38.97, which if violated will result in even more drops to 38.01. On the upside, there is a resistance level at 40.54. A further resistance level may holdings at 41.14. The Relative Strength Index (RSI) on the 14-day chart is 74.39, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.60%. Stochastics %K at 90.83% indicates the stock is a selling.
