Direct Digital Holdings Inc (NASDAQ: DRCT) is -46.14% lower on its value in year-to-date trading and has touched a low of $0.44 and a high of $6.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DRCT stock was last observed hovering at around $0.88 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.86, the stock is 39.27% and 12.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing -3.18% at the moment leaves the stock -54.46% off its SMA200. DRCT registered -83.66% loss for a year compared to 6-month loss of -69.63%. The firm has a 50-day simple moving average (SMA 50) of $0.75894 and a 200-day simple moving average (SMA200) of $1.880445.
The stock witnessed a 30.55% gain in the last 1 month and extending the period to 3 months gives it a -28.63%, and is 27.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.93% over the week and 21.00% over the month.
Direct Digital Holdings Inc (DRCT) has around 79 employees, a market worth around $6.95M and $62.29M in sales. Fwd P/E is 14.27. Profit margin for the company is -10.01%. Distance from 52-week low is 94.20% and -87.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.76%).
with sales reaching $9.4M over the same period.The EPS is expected to grow by 110.54% this year, but quarterly earnings will post 48.81% year-over-year. Quarterly sales are estimated to shrink -57.82% in year-over-year returns.
Direct Digital Holdings Inc (DRCT) Top Institutional Holders
16.0 institutions hold shares in Direct Digital Holdings Inc (DRCT), with institutional investors hold 3.66% of the company’s shares. The shares outstanding are 8.12M, and float is at 7.73M with Short Float at 6.13%. Institutions hold 3.49% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.14 million shares valued at $0.56 million. The investor’s holdings represent 0.9651% of the DRCT Shares outstanding. As of 2024-06-30, the second largest holder is AMERIPRISE FINANCIAL INC with 38260.0 shares valued at $0.15 million to account for 0.2676 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 35722.0 shares representing 0.2499% and valued at over $0.14 million, while PRIVIUM FUND MANAGEMENT (UK) LTD holds 0.1464 of the shares totaling 20925.0 with a market value of $91024.0.
Direct Digital Holdings Inc (DRCT) Insider Activity
The most recent transaction is an insider sale by Walker Mark D, the company’s Chairman and CEO. SEC filings show that Walker Mark D sold 8,700 shares of the company’s common stock on Apr 17 ’25 at a price of $0.54 per share for a total of $4698.0. Following the sale, the insider now owns 28323.0 shares.
Direct Digital Holdings Inc disclosed in a document filed with the SEC on Mar 26 ’25 that SMITH W KEITH (President) sold a total of 20,563 shares of the company’s common stock. The trade occurred on Mar 26 ’25 and was made at $0.78 per share for $16039.0. Following the transaction, the insider now directly holds 12186.0 shares of the DRCT stock.
Still, SEC filings show that on Mar 27 ’25, SMITH W KEITH (President) disposed off 12,186 shares at an average price of $0.78 for $9505.0. The insider now directly holds 0 shares of Direct Digital Holdings Inc (DRCT).
