Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on Direct Digital Holdings (DRCT – Research Report) today and set a price target of $30.00. The company’s shares closed yesterday at $23.84.
According to TipRanks, Kurnos is a 4-star analyst with an average return of 4.8% and a 45.21% success rate. Kurnos covers the Communication Services sector, focusing on stocks such as Magnite, Paramount Global Class B, and Gray Television.
Direct Digital Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $30.00.
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The company has a one-year high of $24.80 and a one-year low of $1.96. Currently, Direct Digital Holdings has an average volume of 336.2K.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DRCT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Direct Digital Holdings (DRCT) Company Description:
Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused 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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