Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Daktronics Inc shares valued at $35,050 were sold by Kurtenbach Matthew John on Jul 12 ’24. At $14.02 per share, Kurtenbach Matthew John sold 2,500 shares. The insider’s holdings dropped to 248,518 shares worth approximately $3.19 million following the completion of this transaction.
Also, Kurtenbach Matthew John sold 1,500 shares, netting a total of over 21,570 in proceeds. Following the sale of shares at $14.38 each, the insider now holds 248,518 shares.
Before that, Wiemann Bradley T had sold 638 shares from its account. In a trade valued at $9,060, the Exec Vice President traded Daktronics Inc shares for $14.20 each. Upon closing the transaction, the insider’s holdings decreased to 638 shares, worth approximately $0.0.
As published in their initiating research note from Craig Hallum on January 22, 2025, Daktronics Inc [DAKT] has been a Buy and the price target has been revised to $26. Analysts at Sidoti started covering the stock with ‘”a Neutral”‘ outlook in a report released in late January. As of June 01, 2016, Sidoti has decreased its “Buy” rating to a “Neutral” for DAKT. Earlier on September 23, 2015, Needham upgraded its rating. Their new recommendation was “a Buy” for DAKT stock which previously was a “a Hold”.
Analyzing DAKT Stock Performance
During the last five days, there has been a surge of approximately 1.26%. Over the course of the year, Daktronics Inc shares have dropped approximately -23.90%. Shares of the company reached a 52-week high of $17.89 on 01/22/25 and a 52-week low of $10.24 on 03/05/25. A 50-day SMA is recorded $14.99, while a 200-day SMA reached $14.47.
Support And Resistance Levels for Daktronics Inc (DAKT)
According to the 24-hour chart, there is a support level at 12.57, which, if violated, would cause prices to drop to 12.31. In the upper region, resistance lies at 12.97. The next price resistance is at 13.10. RSI (Relative Strength Index) is 40.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 18.84%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
