Dupont Fabros Technology (DFT) has risen sharply, recording gains of 0.89% in the past 4 weeks. However, the stock has corrected -3.25% in the past 1 week, providing a good buying opportunity on dips. Dupont Fabros Technology (DFT) : During the past 4 weeks, traders have been relatively bearish on Dupont Fabros Technology (DFT), hence the stock is down -3.33% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.67% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.59% and the 50-Day Moving Average is 4.84%.
Dupont Fabros Technology (NYSE:DFT): The stock opened at $46.16 on Friday but the bulls could not build on the opening and the stock topped out at $46.85 for the day. The stock traded down to $46.15 during the day, due to lack of any buying support eventually closed down at $46.49 with a loss of -0.19% for the day. The stock had closed at $46.58 on the previous day. The total traded volume was 1,175,559 shares.
The company Insiders own 5.9% of Dupont Fabros Technology shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.03% . Institutional Investors own 97.01% of Dupont Fabros Technology shares. During last six month period, the net percent change held by insiders has seen a change of -23.2%. In a related news,The officer (Chief Financial Officer) of Dupont Fabros Technology, Inc., Foster Jeffrey H sold 13,889 shares at $46.05 on June 15, 2016. The Insider selling transaction had a total value worth of $639,588. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
DuPont Fabros Technology, Inc. is an owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers. The Companys facilities are designed to offer specialized, efficient and safe computing environments in a low-cost operating model. The Companys customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Companys 12 data centers are located in four major United States markets, which total approximately three million gross square feet and approximately 266 megawatts of available critical load to power the servers and computing equipment of its customers.