Rise in DAKT’s short interest indicates Bearish sentiment

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Daktronics Inc shares valued at $64,726 were sold by Anderson Sheila Mae on Aug 07 ’25. At $16.86 per share, Anderson Sheila Mae sold 3,839 shares. The insider’s holdings dropped to 39,495 shares worth approximately $0.64 million following the completion of this transaction.

Also, SHEILA ANDERSON purchased 3,839 shares, netting a total of over 64,711 in proceeds.

Before that, Alta Fox Opportunities Fund, L had sold 1,000,000 shares from its account. In a trade valued at $14,900,000, the 10% Owner traded Daktronics Inc shares for $14.90 each. Upon closing the transaction, the insider’s holdings decreased to 1,000,000 shares, worth approximately $80.52 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] rose 2.21% to $16.19. The stock’s lowest price that day was $15.59, but it reached a high of $16.28 in the same session. During the last five days, there has been a drop of approximately -5.43%. Over the course of the year, Daktronics Inc shares have jumped approximately 5.96%. Shares of the company reached a 52-week high of $17.99 on 08/13/25 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 15.76, which, if violated, would cause prices to drop to 15.33. In the upper region, resistance lies at 16.45. The next price resistance is at 16.71. RSI (Relative Strength Index) is 46.07 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 2025-07-31 jumping by 84896.0 shares to 2.21 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 2.13 million shares. A jump of 3.84% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.22 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.22.

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