Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Daktronics Inc shares valued at $14,900,000 were sold by Alta Fox Opportunities Fund, L on May 29 ’25. At $14.90 per share, Alta Fox Opportunities Fund, L sold 1,000,000 shares. The insider’s holdings dropped to 4,973,599 shares worth approximately $71.87 million following the completion of this transaction.
Also, Siegel Andrew David purchased 2,500 shares, netting a total of over 28,750 in proceeds. Following the buying of shares at $11.50 each, the insider now holds 43,446 shares.
Before that, Siegel Andrew David had added 7,200 shares to its account. In a trade valued at $85,140, the Director bought Daktronics Inc shares for $11.82 each. Upon closing the transaction, the insider’s holdings increased to 7,200 shares, worth approximately $0.59 million.
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
On last trading session,, Daktronics Inc [NASDAQ: DAKT] plunged -4.93% to $14.45. The stock’s lowest price that day was $13.3001, but it reached a high of $15.99 in the same session. During the last five days, there has been a surge of approximately 4.03%. Over the course of the year, Daktronics Inc shares have jumped approximately 34.92%. 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.
Support And Resistance Levels for Daktronics Inc (DAKT)
According to the 24-hour chart, there is a support level at 13.17, which, if violated, would cause prices to drop to 11.89. In the upper region, resistance lies at 15.86. The next price resistance is at 17.27. RSI (Relative Strength Index) is 51.78 on the 14-day chart, showing neutral technical sentiment.
Is Daktronics Inc subject to short interest?
Stocks of Daktronics Inc saw a sharp rise in short interest on 2025-05-30 jumping by 86398.0 shares to 2.26 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 2.18 million shares. A jump of 3.82% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.63 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.63.
