Dnow Inc’s filing revealed that its Director Paul & Belinda Coppinger Trust acquired Company’s shares for reported $0.4 million on Dec 02 ’24. In the deal valued at $15.15 per share,26,186 shares were bought.
Then, COPPINGER PAUL M sold 26,186 shares, generating $401,955 in total proceeds. Upon selling the shares at $15.35, the Director now owns 56,568 shares.
Before that, Surratt Fanny R. sold 3,500 shares. Dnow Inc shares valued at $44,310 were divested by the insider at a price of $12.66 per share. As a result of the transaction, Surratt Fanny R. now holds 43,648 shares, worth roughly $0.77 million.
The Benchmark Company initiated its Dnow Inc [DNOW] rating to a Buy in a research note published on July 08, 2022; the price target was $13. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early November from “an Equal-weight” to “an Overweight”. Stifel also remained covering DNOW and has increased its forecast on July 16, 2021 with a “Buy” recommendation from previously “Hold” rating. JP Morgan revised its rating on February 19, 2021. It rated DNOW as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of DNOW
On Tuesday, Dnow Inc [NYSE:DNOW] saw its stock jump 2.39% to $17.59. Over the last five days, the stock has gained 25.20%. Dnow Inc shares have risen nearly 35.20% since the year began. Nevertheless, the stocks have risen 79.31% over the past one year. While a 52-week high of $18.45 was reached on 02/13/25, a 52-week low of $10.75 was recorded on 01/10/25. SMA at 50 days reached $14.16, while 200 days put it at $13.61.
Levels Of Support And Resistance For DNOW Stock
The 24-hour chart illustrates a support level at 17.06, which if violated will result in even more drops to 16.53. On the upside, there is a resistance level at 17.90. A further resistance level may holdings at 18.21. The Relative Strength Index (RSI) on the 14-day chart is 75.24, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.14%. Stochastics %K at 74.77% indicates the stock is a holding.
The most recent change occurred on February 18, 2021 when Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $13.
