Rapid7 Inc’s recent filing unveils that its Chief People Officer Luconi Christina unloaded Company’s shares for reported $1.21 million on Jun 05 ’24. In the deal valued at $35.95 per share,33,795 shares were sold. As a result of this transaction, Luconi Christina now holds 92,487 shares worth roughly $3.47 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Burton Andrew F. sold 20,653 shares, generating $1,006,336 in total proceeds. Upon selling the shares at $48.73, the Chief Operating Officer now owns 236,841 shares.
Before that, Thomas Corey E. sold 50,000 shares. Rapid7 Inc shares valued at $2,653,500 were divested by the CEO at a price of $53.07 per share. As a result of the transaction, Thomas Corey E. now holds 462,560 shares, worth roughly $17.37 million.
Canaccord Genuity upgraded its Rapid7 Inc [RPD] rating to a Buy from a a Hold in a research note published on August 07, 2024; the price target was decreased to $43 from $52. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Neutral”. Scotiabank began covering RPD with “Sector perform” recommendation on April 26, 2024. UBS revised its rating on January 29, 2024. It rated RPD as “a Buy” which previously was an “a Neutral”.
Price Performance Review of RPD
On Friday, Rapid7 Inc [NASDAQ:RPD] saw its stock fall -0.74% to $37.55. Over the last five days, the stock has gained 3.84%. Rapid7 Inc shares have fallen nearly -34.24% since the year began. Nevertheless, the stocks have fallen -20.26% over the past one year. While a 52-week high of $61.88 was reached on 02/12/24, a 52-week low of $32.94 was recorded on 08/06/24. SMA at 50 days reached $38.64, while 200 days put it at $47.83.
Levels Of Support And Resistance For RPD Stock
The 24-hour chart illustrates a support level at 37.29, which if violated will result in even more drops to 37.03. On the upside, there is a resistance level at 37.85. A further resistance level may holdings at 38.15. The Relative Strength Index (RSI) on the 14-day chart is 49.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.46%. Stochastics%K at 60.74% indicates the stock is a holding.
How much short interest is there in Rapid7 Inc?
A steep rise in short interest was recorded in Rapid7 Inc stocks on 2024-07-31, dropping by -0.81 million shares to a total of 3.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 4.33 million shares. There was a decline of -23.19%, which implies that there is a negative sentiment for the stock.
