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. Direct Digital Holdings Inc shares valued at $16,039 were sold by SMITH W KEITH on Mar 26 ’25. At $0.78 per share, SMITH W KEITH sold 20,563 shares. The insider’s holdings dropped to 12,186 shares worth approximately $16207.380000000001 following the completion of this transaction.
Also, SMITH W KEITH sold 12,186 shares, netting a total of over 9,505 in proceeds. Following the sale of shares at $0.78 each, the insider now holds 0 shares.
Before that, SMITH W KEITH had sold 7,700 shares from its account. In a trade valued at $5,852, the President traded Direct Digital Holdings Inc shares for $0.76 each. Upon closing the transaction, the insider’s holdings decreased to 7,700 shares, worth approximately $43556.170000000006.
As published in a research note from Noble Capital Markets on March 27, 2024, Direct Digital Holdings Inc [DRCT] has been rated down from an Outperform to a Market perform.
Analyzing DRCT Stock Performance
During the last five days, there has been a surge of approximately 69.28%. Over the course of the year, Direct Digital Holdings Inc shares have dropped approximately -16.35%. Shares of the company reached a 52-week high of $2.6100 on 01/10/25 and a 52-week low of $0.6500 on 03/17/25. A 50-day SMA is recorded $1.0579, while a 200-day SMA reached $2.3042.
Support And Resistance Levels for Direct Digital Holdings Inc (DRCT)
According to the 24-hour chart, there is a support level at 0.8667, which, if violated, would cause prices to drop to 0.4033. In the upper region, resistance lies at 1.6267. The next price resistance is at 1.9233. RSI (Relative Strength Index) is 69.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1044, which suggests the price will decrease in the coming days. Percent R is at 16.05%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
