Daktronics, Inc. (NASDAQ:DAKT) Director Andrew David Siegel Acquires 2,500 Shares

Daktronics, Inc. (NASDAQ:DAKT - Get Free Report) Director Andrew David Siegel bought 2,500 shares of the stock in a transaction on Friday, April 4th. The stock was purchased at an average price of $11.50 per share, with a total value of $28,750.00. Following the completion of the purchase, the director now owns 43,446 shares of the company's stock, valued at $499,629. This represents a 6.11 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Andrew David Siegel also recently made the following trade(s):

• On Monday, March 31st, Andrew David Siegel bought 7,200 shares of Daktronics stock. The shares were acquired at an average price of $11.82 per share, for a total transaction of $85,104.00.

Daktronics Stock Performance

DAKT traded up $0.15 on Friday, reaching $12.32. 208,486 shares of the stock were exchanged, compared to its average volume of 483,460. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.35 and a quick ratio of 1.67. The company's 50-day moving average price is $13.76 and its 200 day moving average price is $14.87. The firm has a market capitalization of $644.79 million, a PE ratio of 49.28, a PEG ratio of 0.57 and a beta of 1.34. Daktronics, Inc. has a fifty-two week low of $8.81 and a fifty-two week high of $19.89.

Analyst Ratings Changes

Separately, Craig Hallum assumed coverage on Daktronics in a report on Wednesday, January 22nd. They issued a "buy" rating and a $26.00 price target for the company.

Institutional Trading of Daktronics

Large investors have recently made changes to their positions in the business. Quarry LP boosted its holdings in Daktronics by 75.6% during the third quarter. Quarry LP now owns 2,297 shares of the technology company's stock worth $30,000 after buying an additional 989 shares in the last quarter. Summit Investment Advisors Inc. lifted its stake in shares of Daktronics by 29.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 4,192 shares of the technology company's stock worth $71,000 after buying an additional 965 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Daktronics by 5,889.3% during the 1st quarter. GAMMA Investing LLC now owns 7,247 shares of the technology company's stock worth $88,000 after purchasing an additional 7,126 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Daktronics in the 4th quarter valued at $125,000. Finally, Knott David M Jr purchased a new stake in shares of Daktronics in the fourth quarter valued at about $132,000. 61.69% of the stock is owned by hedge funds and other institutional investors.

Daktronics Company Profile

Daktronics, Inc designs, manufactures, and sells electronic scoreboards, programmable display systems and large screen video displays 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.