Darktrace plc (LON:DARK – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 505.80 ($6.25) and last traded at GBX 500.20 ($6.18), with a volume of 2227747 shares traded. The stock had previously closed at GBX 490 ($6.05).
Wall Street Analyst Weigh In
A number of brokerages have issued reports on DARK. Berenberg Bank boosted their price target on Darktrace from GBX 600 ($7.41) to GBX 630 ($7.78) and gave the stock a “buy” rating in a research report on Thursday, April 11th. Numis Securities reiterated a “buy” rating and set a GBX 520 ($6.42) price target on shares of Darktrace in a research report on Thursday, April 11th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 890 ($10.99) price target on shares of Darktrace in a research report on Friday, April 12th.
Read Our Latest Stock Report on DARK
Darktrace Stock Performance
Insider Activity
In other news, insider Poppy Gustafsson sold 150,000 shares of the company’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of GBX 468 ($5.78), for a total value of £702,000 ($867,094.86). Insiders own 50.04% of the company’s stock.
About Darktrace
Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Europe, and internationally. Its products include Darktrace PREVENT, an attack surface management that continuously monitors attack surface for risks, high-impact vulnerabilities, and external threats; and Darktrace DETECT, which analyzes thousands of metrics to reveal subtle deviations that may signal an evolving threat, including unknown techniques and novel malware, as well as installs in minutes, identifies threats, and avoids disruption.
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