Dayforce Inc’s filing revealed that its President, COO Holdridge Stephen H. unloaded Company’s shares for reported $77290.0 on Dec 13 ’24. In the deal valued at $77.29 per share,1,000 shares were sold. As a result of this transaction, Holdridge Stephen H. now holds 120,022 shares worth roughly $8.45 million.
Then, STEPHEN H HOLDRIDGE bought 1,000 shares, generating $77,290 in total proceeds.
Before that, Ossip David D sold 858,697 shares. Dayforce Inc shares valued at $68,309,346 were divested by the Chairman and CEO at a price of $79.55 per share. As a result of the transaction, Ossip David D now holds 794,527 shares, worth roughly $55.95 million.
Deutsche Bank downgraded its Dayforce Inc [DAY] rating to a Hold from a a Buy in a research note published on January 08, 2025; the price target was decreased to $80 from $85. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in mid November with a ‘”a Sector perform”‘ rating. BMO Capital Markets also remained covering DAY and reiterated its “an Outperform” recommendation on November 13, 2024. BMO Capital Markets maintained its rating on November 01, 2024. It rated DAY as “an Outperform”.
Price Performance Review of DAY
On Monday, Dayforce Inc [NYSE:DAY] saw its stock jump 0.18% to $70.42. Over the last five days, the stock has lost -2.90%. Dayforce Inc shares have fallen nearly -3.06% since the year began. Nevertheless, the stocks have risen 7.77% over the past one year. While a 52-week high of $82.69 was reached on 01/06/25, a 52-week low of $47.08 was recorded on 01/10/25. SMA at 50 days reached $76.21, while 200 days put it at $61.99.
Levels Of Support And Resistance For DAY Stock
The 24-hour chart illustrates a support level at 69.64, which if violated will result in even more drops to 68.87. On the upside, there is a resistance level at 70.94. A further resistance level may holdings at 71.47. The Relative Strength Index (RSI) on the 14-day chart is 36.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.08%. Stochastics %K at 19.05% indicates the stock is a buying.
How much short interest is there in Dayforce Inc?
A steep rise in short interest was recorded in Dayforce Inc stocks on 2024-12-31, dropping by -1.25 million shares to a total of 9.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 11.0 million shares. There was a decline of -12.85%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 24, 2024 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Overweight”‘ rating along with a $70 price target.
