News

Published on 9 May 2024 on GuruFocus.com via Yahoo Finance

Stanley Druckenmiller's Strategic Acquisition of Daktronics Inc Shares


Article preview image

Overview of the Recent Transaction

On May 2, 2024, the investment firm led by Stanley Druckenmiller (Trades, Portfolio), Duquesne Capital, made a significant move in the stock market by purchasing 2,493,605 shares of Daktronics Inc (NASDAQ:DAKT). This transaction marked a new holding for the firm, with the shares acquired at a price of $10.12 each. This acquisition not only reflects a substantial investment but also indicates a strategic positioning within the firm's portfolio, representing a 0.75% position.

Profile of Stanley Druckenmiller (Trades, Portfolio)

NASDAQ.DAKT price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Daktronics (NASDAQ:DAKT) shareholders have earned a 46% CAGR over the last three...

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But i...

Simply Wall St. · via Yahoo Finance 24 Nov 2024

Daktronics Inc (DAKT) Q1 2025 Earnings Report Preview: What To Look For

Daktronics Inc (NASDAQ:DAKT) is set to release its Q1 2025 earnings on Sep 4, 2024. The consensus...

GuruFocus.com · via Yahoo Finance 20 Aug 2024

Daktronics' (NASDAQ:DAKT) investors will be pleased with their decent 82% return...

Passive investing in index funds can generate returns that roughly match the overall market. But ...

Simply Wall St. · via Yahoo Finance 24 Jun 2024

Stanley Druckenmiller's Strategic Acquisition of Daktronics Inc Shares

Overview of the Recent Transaction On May 2, 2024, the investment firm led by Stanley Druckenmill...

GuruFocus.com via Yahoo Finance 9 May 2024

Is There Now An Opportunity In Daktronics, Inc. (NASDAQ:DAKT)?

Daktronics, Inc. (NASDAQ:DAKT), might not be a large cap stock, but it received a lot of attentio...

Simply Wall St. via Yahoo Finance 27 Mar 2024

Daktronics, Inc. (NASDAQ:DAKT) Q3 2024 Earnings Call Transcript

Daktronics, Inc. (NASDAQ:DAKT) Q3 2024 Earnings Call Transcript February 28, 2024 Daktronics, Inc...

Insider Monkey via Yahoo Finance 1 Mar 2024

With 64% ownership, Daktronics, Inc. (NASDAQ:DAKT) boasts of strong institutional backing

Key Insights Given the large stake in the stock by institutions, Daktronics' stock price might be...

Simply Wall St. via Yahoo Finance 19 Feb 2024

Is Weakness In Daktronics, Inc. (NASDAQ:DAKT) Stock A Sign That The Market Could be Wrong Given Its...

It is hard to get excited after looking at Daktronics' (NASDAQ:DAKT) recent performance, when its...

Simply Wall St. via Yahoo Finance 27 Jan 2024

Market Cool On Daktronics, Inc.'s (NASDAQ:DAKT) Revenues Pushing Shares 26% Lower

Daktronics, Inc. (NASDAQ:DAKT) shareholders won't be pleased to see that the share price has had ...

Simply Wall St. via Yahoo Finance 18 Dec 2023

Daktronics, Inc. (NASDAQ:DAKT) Q2 2024 Earnings Call Transcript

Daktronics, Inc. (NASDAQ:DAKT) Q2 2024 Earnings Call Transcript December 5, 2023 Daktronics, Inc....

Insider Monkey via Yahoo Finance 6 Dec 2023