Dana Holding Corp. Insider Jacqueline A. Dedo Sells 44,695 Shares (DAN)
Dana Holding Corp. (NYSE:DAN) Insider Jacqueline A. Dedo sold 44,695 shares of the company’s stock on the open market in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $20.87, for a total transaction of $932,784.65. Following the completion of the sale, the insider now directly owns 61,676 shares in the company, valued at approximately $1,287,178. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Dana Holding Corp. (NYSE:DAN) traded down 0.53% on Tuesday, hitting $20.79. The stock had a trading volume of 926,323 shares. Dana Holding Corp. has a 52 week low of $15.41 and a 52 week high of $23.46. The stock’s 50-day moving average is $19.5 and its 200-day moving average is $20.89. The company has a market cap of $3.054 billion and a P/E ratio of 106.09.
Dana Holding Corp. (NYSE:DAN) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.47 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.54 by $0.07. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the company posted $0.37 earnings per share. Dana Holding Corp.’s revenue was down 2.7% compared to the same quarter last year. On average, analysts predict that Dana Holding Corp. will post $1.72 earnings per share for the current fiscal year.
A number of research firms have recently commented on DAN. Analysts at Jefferies Group raised their price target on shares of Dana Holding Corp. to $24.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Zacks upgraded shares of Dana Holding Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 15th. They now have a $21.20 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Dana Holding Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 9th. They now have a $25.00 price target on the stock, up previously from $22.00. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Dana Holding Corp. presently has an average rating of “Hold” and an average target price of $22.65.
Dana Holding Corporation is global provider of technology driveline, sealing and thermal-management products for vehicle manufacturer in the on-highway and off-highway markets.
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