Daktronics Inc /sd/ (DAKT) Files Form 4 Insider Buying : Kevin Patrick Mcdermott Buys 3,900 Shares

Daktronics Inc /sd/ (DAKT): Kevin Patrick Mcdermott , director of Daktronics Inc /sd/ purchased 3,900 shares on Jun 23, 2016. The Insider buying transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.48 per share for a total value of $25,272.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 29, 2016, Kevin Patrick Mcdermott (director) purchased 1,500 shares at $7.83 per share price.On Sep 10, 2015, John Patrick Friel (director) purchased 5,000 shares at $8.60 per share price.Also, On Jun 19, 2015, Matthew John Kurtenbach (VP of Manufacturing) sold 5,000 shares at $11.51 per share price.On Jun 15, 2015, Nancy D Frame (director) sold 12,000 shares at $11.24 per share price.

Shares of Daktronics (DAKT) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.2 points or -3.11% at $6.24 with 6,54,223 shares getting traded. Post opening the session at $6.05, the shares hit an intraday low of $6.05 and an intraday high of $6.3 and the price vacillated in this range throughout the day. The company has a market cap of $275 M and the number of outstanding shares has been calculated to be 4,40,93,054 shares. The 52-week high of Daktronics is $12.35 and the 52-week low is $5.92.

Daktronics Money Flow Index Chart

Company has been under the radar of several Street Analysts.Daktronics is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 1, 2016.

Daktronics Inc. (Daktronics) is a supplier of electronic scoreboards large electronic display systems digital messaging solutions software and services for sporting commercial and transportation applications. The Company operates in five segments: Commercial Live Events High School Park and Recreation Transportation and International. Commercial business segment consists of sales of its video display systems digital billboards Galaxy and Fuelight product lines. Its Live Events business segment consists of sales of integrated scoring and video display systems and sales of its mobile display technology. High School Park and Recreation business segment consists of sales of scoring systems Galaxy displays and video display systems. Its Transportation business segment consists of sales of its Vanguard and Galaxy product lines. Its International business unit consists of sales of all product lines outside the United States and Canada.

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