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. Dayforce Inc shares valued at $65,100 were sold by Holdridge Stephen H. on Feb 13 ’25. At $65.10 per share, Holdridge Stephen H. sold 1,000 shares. The insider’s holdings dropped to 159,934 shares worth approximately $9.15 million following the completion of this transaction.
Also, STEPHEN H HOLDRIDGE purchased 1,000 shares, netting a total of over 65,100 in proceeds.
Before that, Holdridge Stephen H. had sold 1,000 shares from its account. In a trade valued at $71,330, the President, COO traded Dayforce Inc shares for $71.33 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $6.81 million.
As published in a research note from Deutsche Bank on January 08, 2025, Dayforce Inc [DAY] has been rated down from a Buy to a Hold and the price target has been revised to $80 from $85. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in mid November. As of November 13, 2024, BMO Capital Markets has reiterated its “an Outperform” rating for DAY. Earlier on November 01, 2024, BMO Capital Markets resumed its rating. Their recommendation was “an Outperform” for DAY stock.
Analyzing DAY Stock Performance
During the last five days, there has been a drop of approximately -8.58%. Over the course of the year, Dayforce Inc shares have dropped approximately -21.21%. Shares of the company reached a 52-week high of $75.14 on 01/28/25 and a 52-week low of $56.63 on 03/05/25. A 50-day SMA is recorded $68.67, while a 200-day SMA reached $63.01.
Support And Resistance Levels for Dayforce Inc (DAY)
According to the 24-hour chart, there is a support level at 56.62, which, if violated, would cause prices to drop to 56.00. In the upper region, resistance lies at 57.86. The next price resistance is at 58.48. RSI (Relative Strength Index) is 22.77 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.54, which suggests the price will decrease in the coming days. Percent R is at 95.07%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
