Direct Digital Holdings, Inc. (NASDAQ:DRCT - Get Free Report) CEO Mark D. Walker sold 11,302 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $0.92, for a total transaction of $10,397.84. Following the transaction, the chief executive officer now owns 93,021 shares of the company's stock, valued at $85,579.32. This trade represents a 10.83 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Direct Digital Trading Down 3.9 %
Direct Digital stock opened at $0.80 on Friday. The firm has a market capitalization of $11.67 million, a PE ratio of -0.68 and a beta of 6.61. Direct Digital Holdings, Inc. has a 12-month low of $0.51 and a 12-month high of $35.88. The firm has a 50-day moving average price of $1.17 and a 200-day moving average price of $1.83.
Institutional Trading of Direct Digital
A hedge fund recently bought a new stake in Direct Digital stock. Citadel Advisors LLC bought a new stake in shares of Direct Digital Holdings, Inc. (NASDAQ:DRCT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 44,202 shares of the company's stock, valued at approximately $70,000. Citadel Advisors LLC owned approximately 0.30% of Direct Digital at the end of the most recent reporting period. 4.02% of the stock is owned by institutional investors.
Direct Digital Company Profile
(
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Direct Digital Holdings, Inc operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.
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