Vanguard Group Inc. Raises Stock Position in Grid Dynamics Holdings, Inc. $GDYN

Posted by Brenda Bartman on May 16th, 2026

Vanguard Group Inc. increased its holdings in shares of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN – Free Report) by 5.0% in the 4th quarter, HoldingsChannel reports. The firm owned 5,920,753 shares of the company’s stock after acquiring an additional 279,995 shares during the quarter. Vanguard Group Inc. owned approximately 0.07% of Grid Dynamics worth $53,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Thrivent Financial for Lutherans raised its holdings in shares of Grid Dynamics by 3.6% during the third quarter. Thrivent Financial for Lutherans now owns 47,645 shares of the company’s stock worth $367,000 after purchasing an additional 1,640 shares during the last quarter. Quarry LP raised its holdings in shares of Grid Dynamics by 57.1% during the third quarter. Quarry LP now owns 4,835 shares of the company’s stock worth $37,000 after purchasing an additional 1,757 shares during the last quarter. Trust Point Inc. raised its holdings in shares of Grid Dynamics by 13.6% during the fourth quarter. Trust Point Inc. now owns 14,947 shares of the company’s stock worth $135,000 after purchasing an additional 1,785 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Grid Dynamics by 8.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 24,494 shares of the company’s stock valued at $221,000 after buying an additional 1,821 shares during the period. Finally, Illinois Municipal Retirement Fund grew its position in Grid Dynamics by 7.0% during the third quarter. Illinois Municipal Retirement Fund now owns 36,359 shares of the company’s stock valued at $280,000 after buying an additional 2,387 shares during the period. Hedge funds and other institutional investors own 71.18% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Weiss Ratings lowered shares of Grid Dynamics from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. TD Cowen dropped their price target on shares of Grid Dynamics from $11.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. JPMorgan Chase & Co. dropped their price target on shares of Grid Dynamics from $10.00 to $9.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Needham & Company LLC dropped their price target on shares of Grid Dynamics from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Finally, Zacks Research upgraded shares of Grid Dynamics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Grid Dynamics presently has an average rating of “Moderate Buy” and an average target price of $10.00.

Read Our Latest Research Report on Grid Dynamics

Grid Dynamics Stock Performance

GDYN stock opened at $6.71 on Friday. The firm has a market cap of $561.16 million, a PE ratio of 134.23 and a beta of 0.86. The firm’s fifty day moving average is $6.02 and its 200 day moving average is $7.60. Grid Dynamics Holdings, Inc. has a one year low of $5.13 and a one year high of $14.25.

Grid Dynamics (NASDAQ:GDYN – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. Grid Dynamics had a net margin of 1.27% and a return on equity of 1.20%. The business had revenue of $104.10 million for the quarter, compared to analyst estimates of $103.32 million. During the same quarter last year, the business earned $0.11 earnings per share. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. Research analysts predict that Grid Dynamics Holdings, Inc. will post 0.1 earnings per share for the current fiscal year.

About Grid Dynamics

(Free Report)

Grid Dynamics (NASDAQ: GDYN) is a digital engineering and technology services company that helps enterprises accelerate their digital transformation initiatives. The company specializes in designing and implementing scalable, cloud-native solutions that leverage advanced analytics, machine learning and artificial intelligence to optimize operations, enhance customer experiences and drive revenue growth. Its technology expertise spans e-commerce platforms, modern data architectures, DevOps and automation, as well as custom application development across a range of industries including retail, financial services, high tech and automotive.

Key service offerings include cloud migration and modernization, data engineering and analytics, AI/ML-driven insights, digital commerce and omnichannel solutions.