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. Grid Dynamics Holdings Inc shares valued at $746,521 were purchased by LEONARD LIVSCHITZ on Mar 04 ’25. At $18.66 per share, LEONARD LIVSCHITZ acquired 40,000 shares.
Also, YURY GRYZLOV purchased 10,306 shares, netting a total of over 192,349 in proceeds.
Before that, Livschitz Leonard had sold 155 shares from its account. In a trade valued at $3,319, the CHIEF EXECUTIVE OFFICER traded Grid Dynamics Holdings Inc shares for $21.41 each. Upon closing the transaction, the insider’s holdings decreased to 155 shares, worth approximately $0.25 million.
As published in a research note from TD Cowen on August 02, 2024, Grid Dynamics Holdings Inc [GDYN] has been rated up from a Hold to a Buy and the price target has been revised to $16 from $12. Analysts at Wedbush started covering the stock with ‘”an Outperform”‘ outlook in a report released in late May. As of March 04, 2022, Needham has reiterated its “Buy” rating for GDYN. Earlier on November 01, 2021, Citigroup initiated its rating. Their recommendation was “a Buy” for GDYN stock.
Analyzing GDYN Stock Performance
During the last five days, there has been a drop of approximately -4.97%. Over the course of the year, Grid Dynamics Holdings Inc shares have dropped approximately -14.97%. Shares of the company reached a 52-week high of $25.50 on 02/21/25 and a 52-week low of $18.18 on 03/04/25. A 50-day SMA is recorded $21.41, while a 200-day SMA reached $15.71.
Support And Resistance Levels for Grid Dynamics Holdings Inc (GDYN)
According to the 24-hour chart, there is a support level at 18.62, which, if violated, would cause prices to drop to 18.33. In the upper region, resistance lies at 19.34. The next price resistance is at 19.78. RSI (Relative Strength Index) is 36.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.49, which suggests the price will decrease in the coming days. Percent R is at 90.03%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
