In a filing, Daktronics Inc. revealed its VP of Manufacturing Kurtenbach Matthew John unloaded Company’s shares for reported $86240.0 on Jul 25 ’24. In the deal valued at $14.93 per share,5,778 shares were sold. As a result of this transaction, Kurtenbach Matthew John now holds 208,906 shares worth roughly $3.07 million.
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Then, Kurtenbach Matthew John sold 472 shares, generating $7,068 in total proceeds. Upon selling the shares at $14.97, the VP of Manufacturing now owns 214,684 shares.
Before that, Kurtenbach Matthew John sold 9,000 shares. Daktronics Inc. shares valued at $134,476 were divested by the VP of Manufacturing at a price of $14.94 per share. As a result of the transaction, Kurtenbach Matthew John now holds 208,906 shares, worth roughly $3.07 million.
Sidoti initiated its Daktronics Inc. [DAKT] rating to a Neutral in a research note published on January 24, 2018; the price target was $10. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in early June from “a Buy” to “a Neutral”. Needham also remained covering DAKT and has increased its forecast on September 23, 2015 with a “Buy” recommendation from previously “Hold” rating. Griffin Securities maintained its rating on November 20, 2013. It rated DAKT as “a Buy”.
Price Performance Review of DAKT
On Monday, Daktronics Inc. [NASDAQ:DAKT] saw its stock fall -3.80% to $14.68. Over the last five days, the stock has gained 1.10%. Daktronics Inc. shares have risen nearly 73.11% since the year began. Nevertheless, the stocks have risen 108.82% over the past one year. While a 52-week high of $15.33 was reached on 07/29/24, a 52-week low of $6.91 was recorded on 02/07/24. SMA at 50 days reached $12.55, while 200 days put it at $10.02. A total of 0.6 million shares were traded, compared to the trading of 0.4 million shares in the previous session.
Levels Of Support And Resistance For DAKT Stock
The 24-hour chart illustrates a support level at 14.35, which if violated will result in even more drops to 14.03. On the upside, there is a resistance level at 15.32. A further resistance level may holdings at 15.97. The Relative Strength Index (RSI) on the 14-day chart is 59.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.51%. Stochastics%K at 77.15% indicates the stock is a holding.
