Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Roku Inc shares valued at $15,964 were sold by Banks Matthew C. on Oct 01 ’24. At $75.66 per share, Banks Matthew C. sold 211 shares. The insider’s holdings dropped to 7,053 shares worth approximately $0.52 million following the completion of this transaction.
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
Also, Jedda Dan sold 1,000 shares, netting a total of over 75,330 in proceeds. Following the sale of shares at $75.33 each, the insider now holds 54,267 shares.
Before that, DANIEL JEDDA had added 1,000 shares to its account. In a trade valued at $75,330, the Officer bought Roku Inc shares for $75.33 each.
As published in a research note from MoffettNathanson on October 01, 2024, Roku Inc [ROKU] has been rated up from a Sell to a Neutral and the price target has been revised to $80. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid September. As of September 05, 2024, Wells Fargo has increased its “an Underweight” rating to a “an Equal weight” for ROKU. Earlier on August 23, 2024, Guggenheim upgraded its rating. Their new recommendation was “a Buy” for ROKU stock which previously was a “a Neutral”.
Analyzing ROKU Stock Performance
During the last five days, there has been a surge of approximately 0.23%. Over the course of the year, Roku Inc shares have dropped approximately -19.07%. Shares of the company reached a 52-week high of $99.80 on 02/12/24 and a 52-week low of $48.33 on 08/05/24. A 50-day SMA is recorded $65.05, while a 200-day SMA reached $68.10. Nevertheless, trading volume fell to 2.0 million shares from 2.99 million shares the previous day.
Support And Resistance Levels for Roku Inc (ROKU)
According to the 24-hour chart, there is a support level at 73.39, which, if violated, would cause prices to drop to 72.59. In the upper region, resistance lies at 74.87. The next price resistance is at 75.55. RSI (Relative Strength Index) is 58.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.61, which suggests the price will decrease in the coming days. Percent R is at 69.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
