Dun & Bradstreet Holdings Inc’s filing revealed that its Director Cannae Holdings, Inc. unloaded Company’s shares for reported $100.9 million on Mar 18 ’24. In the deal valued at $10.09 per share,10,000,000 shares were sold. As a result of this transaction, Cannae Holdings, Inc. now holds 69,048,691 shares worth roughly $765.75 million.
Raymond James upgraded its Dun & Bradstreet Holdings Inc [DNB] rating to a Strong buy from a an Outperform in a research note published recently. Deutsche Bank also remained covering DNB and has increased its forecast on February 23, 2023 with a “Buy” recommendation from previously “Hold” rating. BofA Securities revised its rating on January 17, 2023. It rated DNB as “a Buy” which previously was an “a Neutral”.
Price Performance Review of DNB
On Tuesday, Dun & Bradstreet Holdings Inc [NYSE:DNB] saw its stock fall -1.07% to $11.09. Over the last five days, the stock has lost -9.40%. Dun & Bradstreet Holdings Inc shares have fallen nearly -11.00% since the year began. Nevertheless, the stocks have fallen -3.73% over the past one year. While a 52-week high of $12.94 was reached on 01/02/25, a 52-week low of $8.77 was recorded on 01/14/25. SMA at 50 days reached $12.24, while 200 days put it at $10.93.
Levels Of Support And Resistance For DNB Stock
The 24-hour chart illustrates a support level at 10.91, which if violated will result in even more drops to 10.72. On the upside, there is a resistance level at 11.29. A further resistance level may holdings at 11.48. The Relative Strength Index (RSI) on the 14-day chart is 25.03, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.23%. Stochastics %K at 5.84% indicates the stock is a buying.
How much short interest is there in Dun & Bradstreet Holdings Inc?
A steep rise in short interest was recorded in Dun & Bradstreet Holdings Inc stocks on 2024-12-31, growing by 1.21 million shares to a total of 25.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 24.35 million shares. There was a rise of 4.74%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 13, 2022 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $21 price target.
