2 weeks Ago By ABMN Staff
Invesco Ltd. lifted its position in shares of Daktronics, Inc. ( NASDAQ:DAKT – Free Report ) by 554.
6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 724,796 shares of the technology company’s stock after buying an additional 614,075 shares during the quarter. Invesco Ltd.
owned about 1.54% of Daktronics worth $12,220,000 as of its most recent SEC filing. A number of other institutional investors also recently modified their holdings of the business.
KLP Kapitalforvaltning AS acquired a new stake in Daktronics in the 4th quarter worth about $125,000. Knott David M Jr bought a new position in shares of Daktronics during the fourth quarter worth approximately $132,000. Retirement Solution LLC acquired a new stake in shares of Daktronics in the fourth quarter valued at approximately $169,000.
Fox Run Management L.L.C.
acquired a new stake in shares of Daktronics in the fourth quarter valued at approximately $169,000. Finally, Hennessy Advisors Inc. bought a new stake in shares of Daktronics in the fourth quarter valued at approximately $170,000.
Institutional investors own 61.69% of the company’s stock. Insider Transactions at Daktronics In other Daktronics news, Director Andrew David Siegel purchased 2,500 shares of the firm’s stock in a transaction dated Friday, April 4th.
The shares were bought at an average price of $11.50 per share, for a total transaction of $28,750.00.
Following the purchase, the director now owns 43,446 shares in the company, valued at approximately $499,629. This trade represents a 6.11 % increase in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . 5.50% of the stock is currently owned by insiders.
Daktronics Trading Down 2.7 % Wall Street Analyst Weigh In Separately, Craig Hallum initiated coverage on Daktronics in a research note on Wednesday, January 22nd. They set a “buy” rating and a $26.
00 price objective on the stock. View Our Latest Report on Daktronics About Daktronics ( Free Report ) 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.
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