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Grid Dynamics Holdings Inc [NASDAQ: GDYN] Sees Increase in Stock Value

CHWY Stock

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Grid Dynamics Holdings Inc shares valued at $26,440 were sold by Gryzlov Yury on May 06 ’25. At $13.22 per share, Gryzlov Yury sold 2,000 shares. The insider’s holdings dropped to 474,269 shares worth approximately $6.72 million following the completion of this transaction.

Also, Doradla Anil sold 2,000 shares, netting a total of over 27,100 in proceeds. Following the sale of shares at $13.55 each, the insider now holds 360,603 shares.

Before that, ANIL KUMAR DORADLA had added 2,000 shares to its account. In a trade valued at $27,100, the Officer bought Grid Dynamics Holdings Inc shares for $13.55 each.

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 surge of approximately 0.57%. Over the course of the year, Grid Dynamics Holdings Inc shares have dropped approximately -36.33%. Shares of the company reached a 52-week high of $25.50 on 02/21/25 and a 52-week low of $12.62 on 04/21/25. A 50-day SMA is recorded $15.40, while a 200-day SMA reached $16.77.

Support And Resistance Levels for Grid Dynamics Holdings Inc (GDYN)

According to the 24-hour chart, there is a support level at 13.62, which, if violated, would cause prices to drop to 13.09. In the upper region, resistance lies at 14.47. The next price resistance is at 14.79. RSI (Relative Strength Index) is 48.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.05, which suggests the price will decrease in the coming days. Percent R is at 33.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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