In a filing, Roku Inc revealed its VP, Corp Controller & CAO Banks Matthew C. unloaded Company’s shares for reported $15964.0 on Oct 01 ’24. In the deal valued at $75.66 per share,211 shares were sold. As a result of this transaction, Banks Matthew C. now holds 7,053 shares worth roughly $0.54 million.
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Then, Jedda Dan sold 1,000 shares, generating $75,330 in total proceeds. Upon selling the shares at $75.33, the CFO now owns 54,267 shares.
Before that, DANIEL JEDDA bought 1,000 shares. Roku Inc shares valued at $75,330 were divested by the Officer at a price of $75.33 per share.
MoffettNathanson upgraded its Roku Inc [ROKU] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid September from “a Peer perform” to “an Outperform”. Wells Fargo also remained covering ROKU and has increased its forecast on September 05, 2024 with a “an Equal weight” recommendation from previously “an Underweight” rating. Guggenheim revised its rating on August 23, 2024. It rated ROKU as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ROKU
On Friday, Roku Inc [NASDAQ:ROKU] saw its stock jump 0.58% to $75.89. Over the last five days, the stock has gained 1.99%. Roku Inc shares have fallen nearly -17.20% since the year began. Nevertheless, the stocks have risen 8.15% 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 $65.82, while 200 days put it at $67.91.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 74.79, which if violated will result in even more drops to 73.70. On the upside, there is a resistance level at 77.14. A further resistance level may holdings at 78.40. The Relative Strength Index (RSI) on the 14-day chart is 62.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.53%. Stochastics %K at 43.40% 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.
