Direct Digital Holdings, Inc. (NASDAQ:DRCT) CEO Sells $10,397.84 in Stock

Posted by Chris Copeland on Mar 13th, 2025

Direct Digital Holdings, Inc. (NASDAQ:DRCT – Get Free Report) CEO Mark D. Walker sold 11,302 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $0.92, for a total transaction of $10,397.84. Following the completion of the transaction, the chief executive officer now owns 93,021 shares in the company, valued at approximately $85,579.32. This trade represents a 10.83 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Direct Digital Stock Performance

DRCT traded down $0.03 on Thursday, reaching $0.80. The company had a trading volume of 58,897 shares, compared to its average volume of 822,205. Direct Digital Holdings, Inc. has a fifty-two week low of $0.51 and a fifty-two week high of $35.88. The stock has a market cap of $11.67 million, a P/E ratio of -0.68 and a beta of 6.61. The company’s fifty day moving average is $1.17 and its 200 day moving average is $1.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Direct Digital stock. Citadel Advisors LLC purchased a new stake in Direct Digital Holdings, Inc. (NASDAQ:DRCT – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 44,202 shares of the company’s stock, valued at approximately $70,000. Citadel Advisors LLC owned about 0.30% of Direct Digital as of its most recent filing with the Securities and Exchange Commission. 4.02% of the stock is owned by institutional investors.

Direct Digital Company Profile

(Get Free Report)

Direct Digital Holdings, Inc operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.