In a filing, Roku Inc revealed its CFO Jedda Dan unloaded Company’s shares for reported $82730.0 on Dec 16 ’24. In the deal valued at $82.73 per share,1,000 shares were sold. As a result of this transaction, Jedda Dan now holds 64,555 shares worth roughly $4.97 million.
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Then, DANIEL JEDDA bought 1,000 shares, generating $82,730 in total proceeds.
Before that, Wood Anthony J. sold 25,000 shares. Roku Inc shares valued at $2,065,931 were divested by the CEO and Chairman BOD at a price of $82.64 per share. As a result of the transaction, Wood Anthony J. now holds 26,538 shares, worth roughly $2.04 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 fall -3.08% to $77.03. Over the last five days, the stock has lost -1.79%. Roku Inc shares have fallen nearly -15.96% since the year began. Nevertheless, the stocks have fallen -18.25% over the past one year. While a 52-week high of $99.80 was reached on 02/12/24, a 52-week low of $48.33 was recorded on 08/05/24. SMA at 50 days reached $75.61, while 200 days put it at $66.03.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 74.77, which if violated will result in even more drops to 72.50. On the upside, there is a resistance level at 79.24. A further resistance level may holdings at 81.44. The Relative Strength Index (RSI) on the 14-day chart is 47.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.73%. Stochastics %K at 23.19% 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 2024-12-13, dropping by -3.24 million shares to a total of 9.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 12.52 million shares. There was a decline of -34.84%, which implies that there is a negative sentiment for the stock.
