Craig Hallum initiated coverage on Daktronics with a new price target
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Craig Hallum initiated coverage of Daktronics with a rating of Buy and set a new price target of $26.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/22/2025 | $26.00 | Buy | Craig Hallum |
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
3 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
Reece Kurtenbach to Step Down as Chairman, President and CEO and Transition to Advisory Role Brad Wiemann, Executive Vice President, Appointed Interim CEO Howard Atkins, Board Member and Former CFO of Wells Fargo, Appointed Acting CFO and Chief Transformation Officer, Allowing Sheila Anderson to Focus on Her Role as Chief Data and Analytics Officer Board of Directors Has Initiated a Search for a Permanent CEO Andrew Siegel, current Lead Independent Director, to become Chairman of the Board BROOKINGS, S.D., March 05, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control
BROOKINGS, S.D., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its third quarter fiscal 2025 financial results on Wednesday, March 5, 2025 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in information and a
Exposes How Poor Governance and a Private Family Business Mentality Have Driven Massive Underperformance for Shareholders Outlines a Clear Path to ~$40 Per Share and ~100% Upside Through Governance Reforms, Board Refreshment and Operational Excellence Plans to Nominate Highly Qualified, Independent Director Candidates for Election to the Company's Board Visit www.FixDaktronics.com to View the Presentation Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the largest shareholder of Daktronics, Inc. (NASDAQ:DAKT) ("Daktronics" or the "Company") based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, t
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BROOKINGS, S.D., March 12, 2025 (GLOBE NEWSWIRE) -- Daktronics Inc. (NASDAQ:DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that management will present and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference, taking place on March 19-20, 2025. The presentation will begin at 10:00am ET on March 19, 2025 and can be accessed live here: Webinar Registration - Zoom. Daktronics will also host virtual one-on-ones with investors on Wednesday, March 19, 2025. To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free
Reece Kurtenbach to Step Down as Chairman, President and CEO and Transition to Advisory Role Brad Wiemann, Executive Vice President, Appointed Interim CEO Howard Atkins, Board Member and Former CFO of Wells Fargo, Appointed Acting CFO and Chief Transformation Officer, Allowing Sheila Anderson to Focus on Her Role as Chief Data and Analytics Officer Board of Directors Has Initiated a Search for a Permanent CEO Andrew Siegel, current Lead Independent Director, to become Chairman of the Board BROOKINGS, S.D., March 05, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control
Daktronics to Appoint Peter Feigin to the Board Daktronics Confirms Its Commitment to An Investor Day in 2025 Alta Fox to Withdraw Litigation and Support Reincorporation to Delaware BROOKINGS, S.D., March 03, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. ("Daktronics," the "Company," "we," or "us") (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced it has entered into a cooperation agreement (the "Cooperation Agreement") with Alta Fox Capital Management, LLC (collectively with certain of its affiliates, "Alta Fox"), which is the Company's largest shareholder.
Craig Hallum initiated coverage of Daktronics with a rating of Buy and set a new price target of $26.00
Asserts Independent Directors are Placing Shareholders, Customers and Employees at Unacceptable Risk by Allowing Chairman and CEO Reece Kurtenbach to Continue in his Roles Highlights that Mr. Kurtenbach has Presided Over Years of Abysmal Governance, Dismal Capital Allocation, Pervasive Nepotism Involving Family Members and Sustained Value Destruction Notes Mr. Kurtenbach and his CFO Allowed Daktronics to Become a "Going Concern" Months After Alta Fox Privately Conveyed a Willingness to Provide Certain and Immediate Capital Questions Independent Directors' Motivation for Failing to Respond to Alta Fox's Most Recent Proposal to Promptly Deliver Affordable Capital, Provided Leadership Chang
BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director. The addition of Mr. Atkins is part of the Board's ongoing refreshment process. He was selected pursuant to the Cooperation Agreement with Daktronics shareholder Prairieland Holdco, LLC ("Prairieland") and its affiliates, including Andrew Siegel (collectively, the "Prairieland Group"), which was announced on July 27, 2022. Andrew Siegel stated, "The Board conducted a comprehensive search and recruitment effort, and I am pleased that it resulted in the selection of
BROOKINGS, S.D., June 02, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) announces the retirement of Robert G. Dutcher and Byron J. Anderson both effective on September 1, 2021. Dutcher and Anderson have served on the Daktronics board of directors since 2002 and 2005, respectively. The board also announces the nominations of Shereta Williams and Dr. Lance D. Bultena as independent directors to its board for election at the September 1, 2021 annual meeting of shareholders. Reece A. Kurtenbach, chairman, president and CEO, recognized the contributions from Dutcher's and Anderson's leadership and dedication to Daktronics, "We thank Byron and Bob for their significant contribution
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