Daktronics Inc (NASDAQ:DAKT) Institutional Investor Sentiment Analysis

April 16, 2018 - By Hazel Jackson

Daktronics, Inc. (NASDAQ:DAKT) Logo

Sentiment for Daktronics Inc (NASDAQ:DAKT)

Daktronics Inc (NASDAQ:DAKT) institutional sentiment increased to 1.57 in Q4 2017. Its up 0.21, from 1.36 in 2017Q3. The ratio has increased, as 66 hedge funds increased or started new equity positions, while 42 sold and decreased stock positions in Daktronics Inc. The hedge funds in our partner’s database reported: 23.43 million shares, up from 22.52 million shares in 2017Q3. Also, the number of hedge funds holding Daktronics Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 35 Increased: 44 New Position: 22.

Daktronics, Inc. designs, manufactures, and sells a range of electronic display systems and related products worldwide. The company has market cap of $408.05 million. It operates through five divisions: Commercial, Live Events, High School Park and Recreation, Transportation, and International. It has a 39.89 P/E ratio. The firm offers video display systems, such as displays to show various levels of video, graphics, and animation, as well as controllers; LED ribbon board displays; mobile and modular display systems; freeform LED displays, which include architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms.

The stock increased 1.49% or $0.14 during the last trading session, reaching $9.18. About 25,023 shares traded. Daktronics, Inc. (NASDAQ:DAKT) has declined 3.39% since April 16, 2017 and is downtrending. It has underperformed by 14.94% the S&P500.

Bard Associates Inc holds 0.62% of its portfolio in Daktronics, Inc. for 141,320 shares. Menta Capital Llc owns 190,008 shares or 0.34% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 0.25% invested in the company for 102,840 shares. The North Carolina-based First Personal Financial Services has invested 0.22% in the stock. Capital Investment Counsel Inc, a North Carolina-based fund reported 46,141 shares.#img1#

Since January 1, 0001, it had 0 buys, and 1 sale for $30,769 activity.

Daktronics, Inc. (NASDAQ:DAKT) Institutional Positions Chart

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