Daktronics Inc’s recently made public that its VP of Manufacturing Kurtenbach Matthew John unloaded Company’s shares for reported $35050.0 on Jul 12 ’24. In the deal valued at $14.02 per share,2,500 shares were sold. As a result of this transaction, Kurtenbach Matthew John now holds 248,518 shares worth roughly $3.63 million.
Then, Kurtenbach Matthew John sold 1,500 shares, generating $21,570 in total proceeds. Upon selling the shares at $14.38, the VP of Manufacturing now owns 248,518 shares.
Before that, Wiemann Bradley T sold 638 shares. Daktronics Inc shares valued at $9,060 were divested by the Exec Vice President at a price of $14.20 per share. As a result of the transaction, Wiemann Bradley T now holds 0 shares, worth roughly $0.0.
Craig Hallum initiated its Daktronics Inc [DAKT] rating to a Buy in a research note published on January 22, 2025; the price target was $26. A number of analysts have revised their coverage, including Sidoti’s analysts, who began to cover the stock in late January with a ‘”a Neutral”‘ rating. Sidoti also remained covering DAKT and has decreased its forecast on June 01, 2016 with a “Neutral” recommendation from previously “Buy” rating. Needham revised its rating on September 23, 2015. It rated DAKT as “a Buy” which previously was an “a Hold”.
Price Performance Review of DAKT
On Monday, Daktronics Inc [NASDAQ:DAKT] saw its stock fall -4.33% to $14.60. Over the last five days, the stock has lost -5.19%. Daktronics Inc shares have fallen nearly -13.40% since the year began. Nevertheless, the stocks have risen 65.91% over the past one year. While a 52-week high of $19.89 was reached on 01/22/25, a 52-week low of $8.55 was recorded on 03/03/25. SMA at 50 days reached $16.48, while 200 days put it at $14.35.
Levels Of Support And Resistance For DAKT Stock
The 24-hour chart illustrates a support level at 14.14, which if violated will result in even more drops to 13.69. On the upside, there is a resistance level at 15.36. A further resistance level may holdings at 16.13. The Relative Strength Index (RSI) on the 14-day chart is 32.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.48%. Stochastics %K at 9.22% indicates the stock is a buying.
The most recent change occurred on November 20, 2013 when Griffin Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $16.
