Daktronics Inc’s recently made public that its Director Friel John Patrick unloaded Company’s shares for reported $40766.0 on Dec 12 ’24. In the deal valued at $18.17 per share,2,244 shares were sold. As a result of this transaction, Friel John Patrick now holds 87,573 shares worth roughly $1.41 million.
Then, Kurtenbach Matthew John sold 7,707 shares, generating $64,539 in total proceeds. Upon selling the shares at $8.37, the VP of Manufacturing now owns 210,609 shares.
Before that, Kurtenbach Reece A sold 8,048 shares. Daktronics Inc shares valued at $150,921 were divested by the Chairman, President and CEO at a price of $18.75 per share. As a result of the transaction, Kurtenbach Reece A now holds 469,727 shares, worth roughly $7.56 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 Friday, Daktronics Inc [NASDAQ:DAKT] saw its stock fall -1.95% to $16.09. Over the last five days, the stock has lost -3.71%. Daktronics Inc shares have fallen nearly -4.57% since the year began. Nevertheless, the stocks have risen 103.93% over the past one year. While a 52-week high of $19.89 was reached on 01/02/25, a 52-week low of $7.20 was recorded on 01/10/25. SMA at 50 days reached $16.00, while 200 days put it at $13.25.
Levels Of Support And Resistance For DAKT Stock
The 24-hour chart illustrates a support level at 15.91, which if violated will result in even more drops to 15.73. On the upside, there is a resistance level at 16.31. A further resistance level may holdings at 16.53. The Relative Strength Index (RSI) on the 14-day chart is 43.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.39%. Stochastics %K at 8.47% indicates the stock is a buying.
How much short interest is there in Daktronics Inc?
A steep rise in short interest was recorded in Daktronics Inc stocks on 2024-11-15, dropping by -0.97 million shares to a total of 1.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 2.85 million shares. There was a decline of -51.23%, which implies that there is a negative sentiment for the stock.
