Dycom Industries, Inc’s filing revealed that its Director Pruitt Peter T Jr unloaded Company’s shares for reported $0.51 million on Jan 10 ’25. In the deal valued at $175.08 per share,2,900 shares were sold. As a result of this transaction, Pruitt Peter T Jr now holds 14,533 shares worth roughly $2.04 million.
Then, Pruitt Peter T Jr bought 2,900 shares, generating $507,723 in total proceeds.
Before that, Fritzsche Jennifer M sold 430 shares. Dycom Industries, Inc shares valued at $74,437 were divested by the Director at a price of $173.11 per share. As a result of the transaction, Fritzsche Jennifer M now holds 8,873 shares, worth roughly $1.25 million.
B. Riley Securities upgraded its Dycom Industries, Inc [DY] rating to a Buy from a a Neutral in a research note published on March 08, 2024; the price target was increased to $172 from $101. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Raymond James also remained covering DY and has increased its forecast on October 20, 2023 with a “Strong buy” recommendation from previously “an Outperform” rating. BofA Securities started covering the stock on October 03, 2023. It rated DY as “a Buy”.
Price Performance Review of DY
On Tuesday, Dycom Industries, Inc [NYSE:DY] saw its stock fall -0.42% to $140.69. Over the last five days, the stock has lost -9.27%. Dycom Industries, Inc shares have fallen nearly -19.17% since the year began. Nevertheless, the stocks have fallen -1.15% over the past one year. While a 52-week high of $207.20 was reached on 02/07/25, a 52-week low of $131.37 was recorded on 04/07/25. SMA at 50 days reached $165.41, while 200 days put it at $178.08.
Levels Of Support And Resistance For DY Stock
The 24-hour chart illustrates a support level at 136.48, which if violated will result in even more drops to 132.26. On the upside, there is a resistance level at 147.18. A further resistance level may holdings at 153.66. The Relative Strength Index (RSI) on the 14-day chart is 35.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.50%. Stochastics %K at 25.02% indicates the stock is a holding.
How much short interest is there in Dycom Industries, Inc?
A steep rise in short interest was recorded in Dycom Industries, Inc stocks on 2025-03-14, dropping by -0.36 million shares to a total of 1.25 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.61 million shares. There was a decline of -28.58%, which implies that there is a negative sentiment for the stock.
