Grid Dynamics Holdings, Inc. (NASDAQ:GDYN – Free Report) – Northland Capmk increased their Q2 2025 earnings per share estimates for Grid Dynamics in a report released on Tuesday, February 25th. Northland Capmk analyst T. Savageaux now forecasts that the company will post earnings of $0.05 per share for the quarter, up from their prior forecast of $0.04. The consensus estimate for Grid Dynamics’ current full-year earnings is $0.18 per share.
GDYN has been the topic of a number of other reports. Needham & Company LLC increased their price objective on Grid Dynamics from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 21st. TD Cowen lifted their price objective on shares of Grid Dynamics from $16.00 to $19.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $19.17.
Grid Dynamics Stock Performance
Shares of NASDAQ:GDYN opened at $19.11 on Friday. The company has a market capitalization of $1.58 billion, a PE ratio of 477.75 and a beta of 1.01. Grid Dynamics has a 52 week low of $9.07 and a 52 week high of $25.50. The company’s fifty day moving average is $21.64 and its 200-day moving average is $17.80.
Grid Dynamics (NASDAQ:GDYN – Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). Grid Dynamics had a negative return on equity of 0.33% and a net margin of 1.15%. The business had revenue of $100.28 million for the quarter, compared to analyst estimates of $96.00 million.
Institutional Trading of Grid Dynamics
Several institutional investors and hedge funds have recently bought and sold shares of the business. Loomis Sayles & Co. L P acquired a new position in shares of Grid Dynamics in the fourth quarter valued at about $55,114,000. Vanguard Group Inc. raised its position in Grid Dynamics by 26.8% during the 4th quarter. Vanguard Group Inc. now owns 5,535,526 shares of the company’s stock worth $123,110,000 after purchasing an additional 1,171,481 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of Grid Dynamics in the fourth quarter worth approximately $23,053,000. William Blair Investment Management LLC acquired a new position in shares of Grid Dynamics in the fourth quarter worth approximately $22,192,000. Finally, Ensign Peak Advisors Inc bought a new position in Grid Dynamics during the 4th quarter worth approximately $20,162,000. Institutional investors own 71.18% of the company’s stock.
Insider Transactions at Grid Dynamics
In other Grid Dynamics news, CFO Anil Doradla sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $19.08, for a total value of $57,240.00. Following the completion of the transaction, the chief financial officer now directly owns 373,282 shares in the company, valued at $7,122,220.56. This trade represents a 0.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 8,000 shares of company stock valued at $171,780 in the last ninety days. 7.20% of the stock is currently owned by corporate insiders.
Grid Dynamics Company Profile
Grid Dynamics Holdings, Inc, together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. It offers cloud platform and product engineering services, such as architecting, designing, and building scalable and secure cloud-based platforms and business applications; and AI/machine learning and data platform engineering services that build platforms to facilitate batch and streaming data ingestion, quality governance, orchestration, semantic modeling, observability, and analysis at scale.
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