Grid Dynamics (GDYN) News Today

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) CEO Leonard Livschitz sold 15,000 shares of the business's stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $13.02, for a total transaction of $195,300.00. Following the sale, the chief executive officer now directly owns 3,520,901 shares in the company, valued at approximately $45,842,131.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cantor Fitzgerald raised shares of Grid Dynamics to a "strong-buy" rating in a research note on Monday.

Comerica Bank lifted its position in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 198.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,820 shares of the company's stock after buying an additional 51,778 shar

Vanguard Group Inc. increased its position in shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 1.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,202,012 shares of the compan

Shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) have received a consensus rating of "Buy" from the six research firms that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year price

Needham & Company LLC lifted their price target on shares of Grid Dynamics from $16.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday.

Grid Dynamics (NASDAQ:GDYN - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.01. Grid Dynamics had a negative net margin of 0.37% and a positive return on equity of 1.05%. The business had revenue of $83.04 million for the quarter, compared to analysts' expectations of $81.06 million. During the same quarter in the prior year, the company earned $0.09 earnings per share. The business's revenue was up 7.4% compared to the same quarter last year.

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) CFO Anil Doradla sold 3,000 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $12.97, for a total transaction of $38,910.00. Following the completion of the transaction, the chief financial officer now owns 369,282 shares in the company, valued at approximately $4,789,587.54. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

TD Cowen raised Grid Dynamics from a "hold" rating to a "buy" rating and raised their price target for the stock from $12.00 to $16.00 in a research report on Friday.

Silvercrest Asset Management Group LLC lifted its position in shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 43.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 604,481 shares of

Lord Abbett & CO. LLC raised its position in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 42.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 479,302 shares of the company's stock after purchasing an additional 142,446 shares during the

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) has received an average recommendation of "Buy" from the five research firms that are presently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 12 month price ta

Wasatch Advisors LP raised its holdings in shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 4.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,614,713 shares of the company's stock after

Wellington Management Group LLP raised its holdings in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 26.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,878,946 shares of the company's stock after acquiring an add

Grid Dynamics (NASDAQ:GDYN) Stock Price Up 5.3%

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 2,870,000 shares, a decline of 9.5% from the May 15th total of 3,170,000 shares. Currently, 5.2% of the company's shares are sold short. Based on an average trading volume of 341,500 shares, the short-interest ratio is currently 8.4 days.

Shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) have been assigned an average rating of "Buy" from the five brokerages that are presently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a buy recommendation. The average 12 month pric

G2 Investment Partners Management LLC acquired a new position in shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 167,611 shares of the company's stock, valued at approxi

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) CFO Anil Doradla sold 3,000 shares of the stock in a transaction on Monday, June 10th. The stock was sold at an average price of $10.00, for a total transaction of $30,000.00. Following the transaction, the chief financial officer now owns 375,282 shares of the company's stock, valued at approximately $3,752,820. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Wasatch Advisors LP increased its stake in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Free Report) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,256,928 shares of the company's stock after buying an additiona

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) Director Shuo Zhang sold 4,000 shares of Grid Dynamics stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $9.34, for a total value of $37,360.00. Following the sale, the director now owns 22,015 shares in the company, valued at $205,620.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 3,170,000 shares, an increase of 9.3% from the April 30th total of 2,900,000 shares. Based on an average trading volume of 337,500 shares, the short-interest ratio is currently 9.4 days. Approximately 5.7% of the company's stock are sold short.

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN - Get Free Report) has been assigned a consensus recommendation of "Buy" from the five analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating. The average 12 month price objective

Wedbush reissued an "outperform" rating and set a $13.00 price target on shares of Grid Dynamics in a research report on Thursday.