Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Douglas Dynamics Inc shares valued at $114,799 were purchased by Van Genderen Mark on Nov 01 ’24. At $22.96 per share, Van Genderen Mark acquired 5,000 shares. The insider’s holdings grew to 24,948 shares worth approximately $0.6 million following the completion of this transaction.
Also, McCormick Robert L sold 14,417 shares, netting a total of over 356,545 in proceeds. Following the sale of shares at $24.73 each, the insider now holds 91,832 shares.
Before that, Sisulak Jon J had sold 877 shares from its account. In a trade valued at $21,806, the Controller traded Douglas Dynamics Inc shares for $24.86 each. Upon closing the transaction, the insider’s holdings decreased to 877 shares, worth approximately $0.23 million.
As published in a research note from Robert W. Baird on April 08, 2024, Douglas Dynamics Inc [PLOW] has been rated down from an Outperform to a Neutral and the price target has been revised to $25 from $36. Analysts at DA Davidson started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of February 03, 2021, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for PLOW. Earlier on March 12, 2020, Sidoti upgraded its rating. Their new recommendation was “a Buy” for PLOW stock which previously was a “a Neutral”.
Analyzing PLOW Stock Performance
During the last five days, there has been a surge of approximately 1.74%. Over the course of the year, Douglas Dynamics Inc shares have jumped approximately 1.74%. Shares of the company reached a 52-week high of $24.60 on 01/06/25 and a 52-week low of $23.14 on 01/08/25. A 50-day SMA is recorded $24.70, while a 200-day SMA reached $25.10. Nevertheless, trading volume fell to 0.18 million shares from 0.14 million shares the previous day.
Support And Resistance Levels for Douglas Dynamics Inc (PLOW)
According to the 24-hour chart, there is a support level at 23.42, which, if violated, would cause prices to drop to 22.79. In the upper region, resistance lies at 24.39. The next price resistance is at 24.74. RSI (Relative Strength Index) is 45.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.08, which suggests the price will decrease in the coming days. Percent R is at 56.58%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
