Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dicks Sporting Goods, Inc shares valued at $49,463 were purchased by Fitzgerald Larry Jr. on Dec 02 ’24. At $215.05 per share, Fitzgerald Larry Jr. acquired 230 shares. The insider’s holdings grew to 11,526 shares worth approximately $2.71 million following the completion of this transaction.
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Also, Ralls-Morrison Desiree sold 3,489 shares, netting a total of over 721,002 in proceeds. Following the sale of shares at $206.65 each, the insider now holds 5,609 shares.
Before that, COLOMBO WILLIAM J had sold 1 shares from its account. In a trade valued at $154, the Director traded Dicks Sporting Goods, Inc shares for $215.64 each. Upon closing the transaction, the insider’s holdings decreased to 1 shares, worth approximately $0.0.
As published in a research note from UBS on November 27, 2024, Dicks Sporting Goods, Inc [DKS] has been rated up from a Neutral to a Buy and the price target has been revised to $260 from $225. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in late August. As of May 30, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for DKS. Earlier on May 29, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for DKS stock which previously was a “a Neutral”.
Analyzing DKS Stock Performance
During the last five days, there has been a surge of approximately 9.37%. Over the course of the year, Dicks Sporting Goods, Inc shares have jumped approximately 59.95%. Shares of the company reached a 52-week high of $239.30 on 08/23/24 and a 52-week low of $137.06 on 01/04/24. A 50-day SMA is recorded $209.21, while a 200-day SMA reached $210.63. Nevertheless, trading volume fell to 1.3 million shares from 0.52 million shares the previous day.
Support And Resistance Levels for Dicks Sporting Goods, Inc (DKS)
According to the 24-hour chart, there is a support level at 229.05, which, if violated, would cause prices to drop to 223.04. In the upper region, resistance lies at 238.11. The next price resistance is at 241.16. RSI (Relative Strength Index) is 67.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.41, which suggests the price will increase in the coming days. Percent R is at 0.44%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
