Rigetti Computing Inc’s recently made public that its Officer Danis Richard acquired Company’s shares for reported $9272.0 on Nov 15 ’24. In the deal valued at $1.55 per share,5,982 shares were bought.
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Then, Rivas David sold 60,000 shares, generating $98,400 in total proceeds. Upon selling the shares at $1.64, the CHIEF TECHNOLOGY OFFICER now owns 1,276,369 shares.
Before that, Rivas David sold 29,846 shares. Rigetti Computing Inc shares valued at $46,261 were divested by the CHIEF TECHNOLOGY OFFICER at a price of $1.55 per share. As a result of the transaction, Rivas David now holds 1,246,523 shares, worth roughly $1.76 million.
B. Riley Securities initiated its Rigetti Computing Inc [RGTI] rating to a Buy in a research note published on July 25, 2024; the price target was $3. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. The Benchmark Company also remained covering RGTI and has increased its forecast on August 11, 2023 with a “Buy” recommendation from previously “Hold” rating. The Benchmark Company revised its rating on November 10, 2022. It rated RGTI as “a Hold” which previously was an “a Buy”.
Price Performance Review of RGTI
On Friday, Rigetti Computing Inc [NASDAQ:RGTI] saw its stock fall -9.03% to $1.41. Over the last five days, the stock has lost -6.62%. Rigetti Computing Inc shares have risen nearly 43.16% since the year began. Nevertheless, the stocks have risen 20.51% over the past one year.
Levels Of Support And Resistance For RGTI Stock
The 24-hour chart illustrates a support level at 1.3250, which if violated will result in even more drops to 1.2400. On the upside, there is a resistance level at 1.5500. A further resistance level may holdings at 1.6900.
How much short interest is there in Rigetti Computing Inc?
A steep rise in short interest was recorded in Rigetti Computing Inc stocks on 2024-10-31, dropping by -2.88 million shares to a total of 25.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 28.55 million shares. There was a decline of -11.24%, which implies that there is a negative sentiment for the stock.
