In a filing, Roku Inc revealed its CFO Jedda Dan unloaded Company’s shares for reported $76250.0 on Oct 15 ’24. In the deal valued at $76.25 per share,1,000 shares were sold. As a result of this transaction, Jedda Dan now holds 53,267 shares worth roughly $4.01 million.
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Then, DANIEL JEDDA bought 1,000 shares, generating $76,250 in total proceeds.
Before that, Wood Anthony J. sold 25,000 shares. Roku Inc shares valued at $1,929,932 were divested by the CEO and Chairman BOD at a price of $77.20 per share. As a result of the transaction, Wood Anthony J. now holds 0 shares, worth roughly $0.0.
JP Morgan reiterated its Roku Inc [ROKU] rating to an Overweight in a research note published on October 10, 2024; the price target was $92. A number of analysts have revised their coverage, including MoffettNathanson’s analysts, who increased its forecast for the stock in early October from “a Sell” to “a Neutral”. Wolfe Research also remained covering ROKU and has increased its forecast on September 12, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Wells Fargo revised its rating on September 05, 2024. It rated ROKU as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of ROKU
On Friday, Roku Inc [NASDAQ:ROKU] saw its stock jump 1.66% to $75.27. Over the last five days, the stock has lost -5.99%. Roku Inc shares have fallen nearly -17.88% since the year began. Nevertheless, the stocks have risen 28.67% 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 $72.19, while 200 days put it at $66.84.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 74.27, which if violated will result in even more drops to 73.27. On the upside, there is a resistance level at 76.25. A further resistance level may holdings at 77.23. The Relative Strength Index (RSI) on the 14-day chart is 50.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.32%. Stochastics %K at 19.25% indicates the stock is a buying.
How much short interest is there in Roku Inc?
A steep rise in short interest was recorded in Roku Inc stocks on 2024-10-15, growing by 0.38 million shares to a total of 10.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 9.9 million shares. There was a rise of 3.69%, which implies that there is a positive sentiment for the stock.
