In a filing, Roku Inc revealed its VP, Corp Controller & CAO Banks Matthew C. unloaded Company’s shares for reported $14696.0 on Dec 02 ’24. In the deal valued at $69.65 per share,211 shares were sold. As a result of this transaction, Banks Matthew C. now holds 7,053 shares worth roughly $0.59 million.
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Then, MATT BANKS bought 211 shares, generating $14,696 in total proceeds.
Before that, Jedda Dan sold 1,000 shares. Roku Inc shares valued at $75,000 were divested by the CFO at a price of $75.00 per share. As a result of the transaction, Jedda Dan now holds 65,555 shares, worth roughly $5.51 million.
UBS initiated its Roku Inc [ROKU] rating to a Neutral in a research note published on November 22, 2024; the price target was $73. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in mid November from “a Neutral” to “an Outperform”. JP Morgan also remained covering ROKU and reiterated its “an Overweight” recommendation on October 10, 2024. MoffettNathanson revised its rating on October 01, 2024. It rated ROKU as “a Neutral” which previously was an “a Sell”.
Price Performance Review of ROKU
On Friday, Roku Inc [NASDAQ:ROKU] saw its stock jump 2.55% to $84.12. Over the last five days, the stock has gained 21.86%. Roku Inc shares have fallen nearly -8.23% since the year began. Nevertheless, the stocks have fallen -17.82% 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 $74.35, while 200 days put it at $64.82.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 82.37, which if violated will result in even more drops to 80.61. On the upside, there is a resistance level at 86.18. A further resistance level may holdings at 88.23. The Relative Strength Index (RSI) on the 14-day chart is 65.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.51%. Stochastics %K at 84.60% indicates the stock is a selling.
How much short interest is there in Roku Inc?
A steep rise in short interest was recorded in Roku Inc stocks on 2024-11-15, growing by 2.24 million shares to a total of 12.52 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 10.28 million shares. There was a rise of 17.87%, which implies that there is a positive sentiment for the stock.
