KD Logo

DIN (Dine Brands Global Inc) may reap gains as insiders became active recently

Dine Brands Global Inc’s recently made public that its Director Hyter Michael unloaded Company’s shares for reported $52518.0 on May 15 ’24. In the deal valued at $45.47 per share,1,155 shares were sold. As a result of this transaction, Hyter Michael now holds 3,381 shares worth roughly $0.1 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Chang Vance YuWen bought 1,170 shares, generating $50,684 in total proceeds. Upon buying the shares at $43.32, the Chief Financial Officer now owns 19,101 shares.

Before that, Peyton John W. bought 2,225 shares. Dine Brands Global Inc shares valued at $100,058 were divested by the Chief Executive Officer at a price of $44.97 per share. As a result of the transaction, Peyton John W. now holds 78,519 shares, worth roughly $2.4 million.

The Benchmark Company downgraded its Dine Brands Global Inc [DIN] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Piper Sandler began covering DIN with “Neutral” recommendation on July 18, 2023. Wedbush revised its rating on June 14, 2023. It rated DIN as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of DIN

On Tuesday, Dine Brands Global Inc [NYSE:DIN] saw its stock jump 2.90% to $30.54. Over the last five days, the stock has gained 1.77%. Dine Brands Global Inc shares have fallen nearly -38.49% since the year began. Nevertheless, the stocks have fallen -41.17% over the past one year. While a 52-week high of $53.26 was reached on 03/08/24, a 52-week low of $28.25 was recorded on 09/11/24. SMA at 50 days reached $32.08, while 200 days put it at $40.89.

Levels Of Support And Resistance For DIN Stock

The 24-hour chart illustrates a support level at 29.80, which if violated will result in even more drops to 29.06. On the upside, there is a resistance level at 31.28. A further resistance level may holdings at 32.02. The Relative Strength Index (RSI) on the 14-day chart is 48.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.77%. Stochastics %K at 45.28% indicates the stock is a holding.

How much short interest is there in Dine Brands Global Inc?

A steep rise in short interest was recorded in Dine Brands Global Inc stocks on 2024-08-30, growing by 0.76 million shares to a total of 2.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 1.37 million shares. There was a rise of 35.65%, which implies that there is a positive sentiment for the stock.

Most Popular