Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) COO Yury Gryzlov sold 2,000 shares of the business's stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $13.97, for a total transaction of $27,940.00. Following the completion of the transaction, the chief operating officer now owns 476,269 shares in the company, valued at $6,653,477.93. The trade was a 0.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Yury Gryzlov also recently made the following trade(s):
- On Thursday, April 3rd, Yury Gryzlov sold 737 shares of Grid Dynamics stock. The stock was sold at an average price of $14.80, for a total transaction of $10,907.60.
- On Tuesday, March 11th, Yury Gryzlov sold 2,000 shares of Grid Dynamics stock. The shares were sold at an average price of $16.77, for a total transaction of $33,540.00.
- On Tuesday, March 4th, Yury Gryzlov sold 10,306 shares of Grid Dynamics stock. The shares were sold at an average price of $18.66, for a total transaction of $192,309.96.
Grid Dynamics Price Performance
GDYN opened at $14.75 on Thursday. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 368.75 and a beta of 0.99. The business has a 50-day moving average of $18.51 and a two-hundred day moving average of $18.37. Grid Dynamics Holdings, Inc. has a 12 month low of $9.07 and a 12 month high of $25.50.
Grid Dynamics (NASDAQ:GDYN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.06). The company had revenue of $100.28 million during the quarter, compared to analysts' expectations of $96.00 million. Grid Dynamics had a negative return on equity of 0.33% and a net margin of 1.15%. Equities research analysts anticipate that Grid Dynamics Holdings, Inc. will post 0.18 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Needham & Company LLC boosted their target price on shares of Grid Dynamics from $25.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $19.60.
Read Our Latest Research Report on Grid Dynamics
Hedge Funds Weigh In On Grid Dynamics
Large investors have recently added to or reduced their stakes in the company. MCF Advisors LLC increased its holdings in shares of Grid Dynamics by 65.8% during the fourth quarter. MCF Advisors LLC now owns 1,864 shares of the company's stock valued at $41,000 after purchasing an additional 740 shares during the period. FMR LLC boosted its position in Grid Dynamics by 38.7% during the 3rd quarter. FMR LLC now owns 2,873 shares of the company's stock worth $40,000 after acquiring an additional 801 shares during the period. Harbor Capital Advisors Inc. raised its stake in shares of Grid Dynamics by 10.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,903 shares of the company's stock worth $242,000 after purchasing an additional 1,036 shares in the last quarter. State of Wyoming raised its stake in shares of Grid Dynamics by 4.1% in the 4th quarter. State of Wyoming now owns 26,495 shares of the company's stock valued at $589,000 after acquiring an additional 1,046 shares in the last quarter. Finally, Coppell Advisory Solutions LLC bought a new position in shares of Grid Dynamics in the 4th quarter valued at approximately $25,000. 71.18% of the stock is currently owned by institutional investors.
Grid Dynamics Company Profile
(
Get Free Report)
Grid Dynamics Holdings, Inc, together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale.
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