Daktronics, Inc. (NASDAQ:DAKT) EVP Sells $102,000.00 in Stock

Daktronics, Inc. (NASDAQ:DAKT) EVP Bradley T. Wiemann sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of $13.60, for a total transaction of $102,000.00. Following the sale, the executive vice president now owns 132,582 shares of the company’s stock, valued at $1,803,115.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Daktronics Stock Up 2.3 %

Shares of DAKT traded up $0.32 during mid-day trading on Thursday, hitting $13.97. 1,008,447 shares of the company’s stock were exchanged, compared to its average volume of 515,389. The firm has a fifty day moving average of $11.66 and a two-hundred day moving average of $9.71. Daktronics, Inc. has a twelve month low of $6.33 and a twelve month high of $14.58. The stock has a market cap of $646.76 million, a price-to-earnings ratio of 22.90, a P/E/G ratio of 0.40 and a beta of 1.12. The company has a quick ratio of 1.37, a current ratio of 2.09 and a debt-to-equity ratio of 0.31.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. CWM LLC increased its stake in shares of Daktronics by 31.4% during the 2nd quarter. CWM LLC now owns 3,646 shares of the technology company’s stock worth $51,000 after purchasing an additional 872 shares during the last quarter. Progeny 3 Inc. acquired a new position in shares of Daktronics during the 1st quarter worth $7,448,000. Price T Rowe Associates Inc. MD acquired a new position in Daktronics in the 1st quarter valued at $109,000. Vanguard Group Inc. grew its stake in Daktronics by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 2,338,484 shares of the technology company’s stock valued at $23,291,000 after buying an additional 41,076 shares during the last quarter. Finally, Anchor Capital Advisors LLC grew its stake in Daktronics by 6.6% in the 1st quarter. Anchor Capital Advisors LLC now owns 145,609 shares of the technology company’s stock valued at $1,450,000 after buying an additional 9,052 shares during the last quarter. Institutional investors and hedge funds own 61.69% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Daktronics from a “hold” rating to a “buy” rating in a research report on Monday.

Daktronics Company Profile

Daktronics, Inc designs, manufactures, and markets electronic display systems and related products for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments.