Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Digital Realty Trust Inc shares valued at $471,873 were sold by Mercier Matt on Dec 12 ’24. At $187.40 per share, Mercier Matt sold 2,518 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Mercier Matt purchased 2,518 shares, netting a total of over 471,861 in proceeds.
Before that, MANDEVILLE JEAN F H P had sold 600 shares from its account. In a trade valued at $90,156, the Director traded Digital Realty Trust Inc shares for $150.26 each. Upon closing the transaction, the insider’s holdings decreased to 600 shares, worth approximately $1.58 million.
As published in a research note from Deutsche Bank on January 15, 2025, Digital Realty Trust Inc [DLR] has been rated up from a Hold to a Buy and the price target has been revised to $194 from $185. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of October 04, 2024, HSBC Securities has increased its “Reduce” rating to a “Hold” for DLR. Earlier on August 01, 2024, Argus downgraded its rating. Their new recommendation was “a Hold” for DLR stock which previously was a “a Buy”.
Analyzing DLR Stock Performance
During the last five days, there has been a drop of approximately -2.76%. Over the course of the year, Digital Realty Trust Inc shares have dropped approximately -1.36%. Shares of the company reached a 52-week high of $184.64 on 01/07/25 and a 52-week low of $170.03 on 01/13/25. A 50-day SMA is recorded $182.73, while a 200-day SMA reached $159.04. Nevertheless, trading volume fell to 1.84 million shares from 1.54 million shares the previous day.
Support And Resistance Levels for Digital Realty Trust Inc (DLR)
According to the 24-hour chart, there is a support level at 172.70, which, if violated, would cause prices to drop to 170.48. In the upper region, resistance lies at 178.56. The next price resistance is at 182.20. RSI (Relative Strength Index) is 41.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.91, which suggests the price will decrease in the coming days. Percent R is at 66.60%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.