Dayforce Inc’s filing revealed that its President, COO Holdridge Stephen H. unloaded Company’s shares for reported $65000.0 on Oct 18 ’24. In the deal valued at $65.00 per share,1,000 shares were sold. As a result of this transaction, Holdridge Stephen H. now holds 100,437 shares worth roughly $6.56 million.
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Then, STEPHEN H HOLDRIDGE bought 1,000 shares, generating $65,000 in total proceeds.
Before that, Holdridge Stephen H. sold 1,000 shares. Dayforce Inc shares valued at $63,370 were divested by the President, COO at a price of $63.37 per share. As a result of the transaction, Holdridge Stephen H. now holds 101,437 shares, worth roughly $6.63 million.
KeyBanc Capital Markets initiated its Dayforce Inc [DAY] rating to an Overweight in a research note published on September 24, 2024; the price target was $70. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “an Overweight”. BMO Capital Markets also remained covering DAY and reiterated its “an Outperform” recommendation on June 11, 2024. Stifel started covering the stock on January 10, 2024. It rated DAY as “a Buy”.
Price Performance Review of DAY
On Tuesday, Dayforce Inc [NYSE:DAY] saw its stock jump 0.32% to $65.32. Over the last five days, the stock has gained 0.90%. Dayforce Inc shares have fallen nearly -2.68% since the year began. Nevertheless, the stocks have risen 3.04% over the past one year. While a 52-week high of $74.66 was reached on 02/12/24, a 52-week low of $47.08 was recorded on 07/09/24. SMA at 50 days reached $60.07, while 200 days put it at $60.18.
Levels Of Support And Resistance For DAY Stock
The 24-hour chart illustrates a support level at 64.60, which if violated will result in even more drops to 63.88. On the upside, there is a resistance level at 65.79. A further resistance level may holdings at 66.26. The Relative Strength Index (RSI) on the 14-day chart is 70.27, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.03%. Stochastics %K at 82.25% indicates the stock is a selling.
How much short interest is there in Dayforce Inc?
A steep rise in short interest was recorded in Dayforce Inc stocks on 2024-10-15, dropping by -0.87 million shares to a total of 15.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 16.57 million shares. There was a decline of -5.56%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 07, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $87 price target.