The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Dun & Bradstreet Holdings Inc shares valued at $100,900,000 were sold by Cannae Holdings, Inc. on Mar 18 ’24. At $10.09 per share, Cannae Holdings, Inc. sold 10,000,000 shares. The insider’s holdings dropped to 69,048,691 shares worth approximately $837.56 million following the completion of this transaction.
As published in a research note from Raymond James on January 05, 2024, Dun & Bradstreet Holdings Inc [DNB] has been rated up from an Outperform to a Strong buy and the price target has been revised to $18. As of February 23, 2023, Deutsche Bank has increased its “Hold” rating to a “Buy” for DNB. Earlier on January 17, 2023, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for DNB stock which previously was a “a Neutral”.
Analyzing DNB Stock Performance
During the last five days, there has been a drop of approximately -0.16%. Over the course of the year, Dun & Bradstreet Holdings Inc shares have dropped approximately -2.65%. Shares of the company reached a 52-week high of $12.66 on 01/02/25 and a 52-week low of $10.92 on 01/14/25. A 50-day SMA is recorded $12.11, while a 200-day SMA reached $11.11. Nevertheless, trading volume fell to 3.31 million shares from 2.03 million shares the previous day.
Support And Resistance Levels for Dun & Bradstreet Holdings Inc (DNB)
According to the 24-hour chart, there is a support level at 11.96, which, if violated, would cause prices to drop to 11.79. In the upper region, resistance lies at 12.42. The next price resistance is at 12.71. RSI (Relative Strength Index) is 53.90 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.44, which suggests the price will decrease in the coming days. Percent R is at 32.80%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
