In a filing, Roku Inc revealed its CFO Jedda Dan unloaded Company’s shares for reported $75330.0 on Sep 17 ’24. In the deal valued at $75.33 per share,1,000 shares were sold. As a result of this transaction, Jedda Dan now holds 54,267 shares worth roughly $4.04 million.
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Then, DANIEL JEDDA bought 1,000 shares, generating $75,330 in total proceeds.
Before that, Collier Charles sold 15,454 shares. Roku Inc shares valued at $1,159,050 were divested by the President, Roku Media at a price of $75.00 per share. As a result of the transaction, Collier Charles now holds 200 shares, worth roughly $14882.0.
Wolfe Research upgraded its Roku Inc [ROKU] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in early September from “an Underweight” to “an Equal weight”. Guggenheim also remained covering ROKU and has increased its forecast on August 23, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of ROKU
On Friday, Roku Inc [NASDAQ:ROKU] saw its stock jump 0.96% to $74.41. Over the last five days, the stock has lost -2.12%. Roku Inc shares have fallen nearly -18.82% since the year began. Nevertheless, the stocks have risen 10.01% over the past one year. While a 52-week high of $108.84 was reached on 02/12/24, a 52-week low of $48.33 was recorded on 08/05/24. SMA at 50 days reached $64.32, while 200 days put it at $68.52.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 73.72, which if violated will result in even more drops to 73.03. On the upside, there is a resistance level at 75.55. A further resistance level may holdings at 76.69. The Relative Strength Index (RSI) on the 14-day chart is 59.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.72%. Stochastics %K at 64.22% indicates the stock is a holding.
How much short interest is there in Roku Inc?
A steep rise in short interest was recorded in Roku Inc stocks on 2024-09-13, dropping by -1.34 million shares to a total of 9.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 11.25 million shares. There was a decline of -13.57%, which implies that there is a negative sentiment for the stock.
