American Century Companies Inc. Has $34.83 Million Stake in Daktronics, Inc. $DAKT

American Century Companies Inc. increased its holdings in shares of Daktronics, Inc. (NASDAQ:DAKT) by 2.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,664,668 shares of the technology company’s stock after buying an additional 44,731 shares during the period. American Century Companies Inc. owned 3.43% of Daktronics worth $34,825,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. State of Alaska Department of Revenue acquired a new stake in Daktronics during the 3rd quarter worth $43,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Daktronics by 204.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,046 shares of the technology company’s stock valued at $46,000 after acquiring an additional 2,045 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Daktronics by 66.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,897 shares of the technology company’s stock valued at $59,000 after purchasing an additional 1,561 shares during the period. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Daktronics in the 2nd quarter worth $62,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Daktronics by 33.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 7,106 shares of the technology company’s stock worth $149,000 after purchasing an additional 1,799 shares during the last quarter. 61.69% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Daktronics

Here are the key news stories impacting Daktronics this week:

• Positive Sentiment: Sidoti raised its forward earnings outlook considerably (FY2028 $1.55 EPS, FY2027 $1.27 EPS and quarterly 2028 estimates), suggesting stronger profit trajectory than consensus — a potential positive catalyst for future valuation. Sidoti estimates
• Positive Sentiment: Company commentary and analyst coverage highlight a sizeable $342M backlog and a robust live-events pipeline that point to revenue momentum into Q4 and FY27. That supports the upgraded forward EPS views. Backlog / revenue momentum
• Neutral Sentiment: Multiple published transcripts and the earnings presentation are available for investor review — useful for assessing management’s guidance, margin outlook and backlog conversion timing but not an immediate price driver by itself. Earnings call transcript
• Neutral Sentiment: Short-interest data in reports appears inconsistent/erroneous (0 shares / NaN changes) and should be treated cautiously; it provides no clear signal on current positioning.
• Negative Sentiment: Q3 results materially missed EPS expectations (reported ≈ $0.06 vs. ~$0.18 expected), triggering an immediate negative market reaction and raising near-term profit-growth concerns. Earnings miss / gap down
• Negative Sentiment: Analyst caution and at least one downgrade note warn that the recent rally may be overextended and advise caution—adding selling pressure after the earnings surprise. Downgrade / caution

Analyst Ratings Changes

A number of equities research analysts recently commented on DAKT shares. Zacks Research cut Daktronics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Daktronics in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Daktronics Trading Down 4.5%

DAKT opened at $21.95 on Friday. The firm’s fifty day moving average is $23.43 and its two-hundred day moving average is $20.71. The firm has a market cap of $1.06 billion, a PE ratio of 39.91, a price-to-earnings-growth ratio of 0.64 and a beta of 1.70. Daktronics, Inc. has a twelve month low of $10.92 and a twelve month high of $28.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.71 and a current ratio of 2.22.

Daktronics (NASDAQ:DAKT) last announced its quarterly earnings results on Wednesday, March 4th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.09). Daktronics had a net margin of 3.43% and a return on equity of 16.55%. The firm had revenue of $181.87 million during the quarter, compared to analyst estimates of $181.00 million. Equities research analysts anticipate that Daktronics, Inc. will post 0.96 EPS for the current year.

About Daktronics

Daktronics, Inc (NASDAQ: DAKT) is a leading designer and manufacturer of electronic display systems, video boards, scoreboards and related control systems. Founded in 1968 in Brookings, South Dakota by Al Kurtenbach and Duane Sander, the company has built a reputation for delivering custom visual display solutions to a wide range of markets. Its product portfolio includes large-format LED video displays, programmable message centers, digital billboards, and audio-visual solutions tailored to sports venues, transportation authorities, retail environments and live event producers.

The company’s primary business activities encompass the engineering, fabrication and installation of display systems for customers around the world.