Dominos Pizza Inc’s recently made public that its EVP, Gen’l Counsel, Secretary MORRIS KEVIN SCOTT unloaded Company’s shares for reported $1.21 million on Nov 15 ’24. In the deal valued at $459.00 per share,2,646 shares were sold. As a result of this transaction, MORRIS KEVIN SCOTT now holds 1,966 shares worth roughly $0.81 million.
Then, MORRIS KEVIN SCOTT bought 2,646 shares, generating $1,214,514 in total proceeds.
Before that, Cantor Diana F sold 3,000 shares. Dominos Pizza Inc shares valued at $1,366,594 were divested by the Director at a price of $455.53 per share. As a result of the transaction, Cantor Diana F now holds 6,319 shares, worth roughly $2.59 million.
Loop Capital upgraded its Dominos Pizza Inc [DPZ] rating to a Buy from a a Hold in a research note published on November 08, 2024; the price target was increased to $559 from $419. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who remained covering the stock and in early September has reiterated a ‘”an Outperform”‘ rating for it. Robert W. Baird also remained covering DPZ and has increased its forecast on July 08, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Goldman started covering the stock on June 13, 2024. It rated DPZ as “a Buy”.
Price Performance Review of DPZ
On Monday, Dominos Pizza Inc [NASDAQ:DPZ] saw its stock jump 1.94% to $410.14. Over the last five days, the stock has lost -6.38%. Dominos Pizza Inc shares have fallen nearly -2.29% since the year began. Nevertheless, the stocks have fallen -0.96% over the past one year. While a 52-week high of $542.75 was reached on 01/06/25, a 52-week low of $396.06 was recorded on 01/13/25. SMA at 50 days reached $440.90, while 200 days put it at $459.08.
Levels Of Support And Resistance For DPZ Stock
The 24-hour chart illustrates a support level at 401.17, which if violated will result in even more drops to 392.21. On the upside, there is a resistance level at 415.05. A further resistance level may holdings at 419.97. The Relative Strength Index (RSI) on the 14-day chart is 37.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.16%. Stochastics %K at 14.29% indicates the stock is a buying.
How much short interest is there in Dominos Pizza Inc?
A steep rise in short interest was recorded in Dominos Pizza Inc stocks on 2024-12-13, growing by 94285.0 shares to a total of 2.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.2 million shares. There was a rise of 4.11%, which implies that there is a positive sentiment for the stock.
