Daktronics Inc’s filing revealed that its 10% Owner Alta Fox Opportunities Fund, L unloaded Company’s shares for reported $14.9 million on May 29 ’25. In the deal valued at $14.90 per share,1,000,000 shares were sold. As a result of this transaction, Alta Fox Opportunities Fund, L now holds 4,973,599 shares worth roughly $69.08 million.
Then, Siegel Andrew David bought 2,500 shares, generating $28,750 in total proceeds. Upon buying the shares at $11.50, the Director now owns 43,446 shares.
Before that, Siegel Andrew David bought 7,200 shares. Daktronics Inc shares valued at $85,140 were divested by the Director at a price of $11.82 per share. As a result of the transaction, Siegel Andrew David now holds 40,946 shares, worth roughly $0.57 million.
Craig Hallum initiated its Daktronics Inc [DAKT] rating to a Buy in a research note published on January 22, 2025; the price target was $26. A number of analysts have revised their coverage, including Sidoti’s analysts, who began to cover the stock in late January with a ‘”a Neutral”‘ rating. Sidoti also remained covering DAKT and has decreased its forecast on June 01, 2016 with a “Neutral” recommendation from previously “Buy” rating. Needham revised its rating on September 23, 2015. It rated DAKT as “a Buy” which previously was an “a Hold”.
Price Performance Review of DAKT
On Tuesday, Daktronics Inc [NASDAQ:DAKT] saw its stock jump 0.58% to $13.89. Over the last five days, the stock has lost -2.73%. Daktronics Inc shares have fallen nearly -17.62% since the year began. Nevertheless, the stocks have risen 21.20% over the past one year. While a 52-week high of $19.89 was reached on 01/22/25, a 52-week low of $10.24 was recorded on 03/05/25.
Levels Of Support And Resistance For DAKT Stock
The 24-hour chart illustrates a support level at 13.76, which if violated will result in even more drops to 13.62. On the upside, there is a resistance level at 14.04. A further resistance level may holdings at 14.18.
The most recent change occurred on November 20, 2013 when Griffin Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $16.
