Wells Fargo gives an Underweight recommendation for Dayforce Inc (DAY)

Dayforce Inc’s recent filing unveils that its President, COO Holdridge Stephen H. unloaded Company’s shares for reported $0.12 million on Jun 13 ’25. In the deal valued at $58.00 per share,2,000 shares were sold. As a result of this transaction, Holdridge Stephen H. now holds 192,811 shares worth roughly $10.97 million.

Then, STEPHEN H HOLDRIDGE bought 2,000 shares, generating $116,000 in total proceeds.

Before that, Holdridge Stephen H. sold 2,000 shares. Dayforce Inc shares valued at $116,400 were divested by the President, COO at a price of $58.20 per share. As a result of the transaction, Holdridge Stephen H. now holds 194,811 shares, worth roughly $11.08 million.

Wells Fargo downgraded its Dayforce Inc [DAY] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early May has reiterated a ‘”an Outperform”‘ rating for it. TD Cowen also remained covering DAY and has increased its forecast on March 07, 2025 with a “Buy” recommendation from previously “Hold” rating. Deutsche Bank revised its rating on January 08, 2025. It rated DAY as “a Hold” which previously was an “a Buy”.

Price Performance Review of DAY

On Tuesday, Dayforce Inc [NYSE:DAY] saw its stock fall -2.55% to $56.87. Over the last five days, the stock has lost -5.07%. Dayforce Inc shares have fallen nearly -21.71% since the year began. Nevertheless, the stocks have risen 11.47% over the past one year. While a 52-week high of $82.69 was reached on 01/28/25, a 52-week low of $47.08 was recorded on 04/07/25.

Levels Of Support And Resistance For DAY Stock

The 24-hour chart illustrates a support level at 56.36, which if violated will result in even more drops to 55.84. On the upside, there is a resistance level at 57.72. A further resistance level may holdings at 58.56.

The most recent change occurred on November 19, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $75 price target.

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