Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Denny’s Corp shares valued at $49,805 were purchased by Bode Christopher D on Feb 14 ’25. At $5.11 per share, Bode Christopher D acquired 9,740 shares. The insider’s holdings grew to 10,186 shares worth approximately $52356.03999999999 following the completion of this transaction.
Also, Verostek Robert P. purchased 10,000 shares, netting a total of over 65,299 in proceeds. Following the buying of shares at $6.53 each, the insider now holds 24,000 shares.
Before that, Gilmore Jay C had added 12,000 shares to its account. In a trade valued at $78,118, the Sr. VP, CAO & Corp. Controller bought Denny’s Corp shares for $6.51 each. Upon closing the transaction, the insider’s holdings increased to 12,000 shares, worth approximately $0.62 million.
As published in a research note from Wedbush on February 07, 2025, Denny’s Corp [DENN] has been rated up from a Neutral to an Outperform and the price target has been revised to $10 from $6. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of July 18, 2023, Piper Sandler has initiated its “Neutral” rating for DENN. Earlier on December 21, 2022, Wedbush downgraded its rating. Their new recommendation was “a Neutral” for DENN stock which previously was a “an Outperform”.
Analyzing DENN Stock Performance
During the last five days, there has been a drop of approximately -23.51%. Over the course of the year, Denny’s Corp shares have dropped approximately -15.04%. Shares of the company reached a 52-week high of $7.66 on 02/07/25 and a 52-week low of $4.82 on 02/14/25. A 50-day SMA is recorded $6.09, while a 200-day SMA reached $6.57. Nevertheless, trading volume fell to 1.39 million shares from 1.94 million shares the previous day.
Support And Resistance Levels for Denny’s Corp (DENN)
According to the 24-hour chart, there is a support level at 5.02, which, if violated, would cause prices to drop to 4.90. In the upper region, resistance lies at 5.24. The next price resistance is at 5.34. RSI (Relative Strength Index) is 38.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.96, which suggests the price will decrease in the coming days. Percent R is at 88.89%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
