Roku Inc’s recently made public that its Director THE WOOD REVOCABLE TRUST U/A D acquired Company’s shares for reported $2.08 million on Jan 10 ’25. In the deal valued at $83.00 per share,25,000 shares were bought.
Then, Banks Matthew C. sold 210 shares, generating $15,779 in total proceeds. Upon selling the shares at $75.14, the VP, Corp Controller & CAO now owns 6,843 shares.
Before that, MATT BANKS bought 210 shares. Roku Inc shares valued at $15,779 were divested by the Officer at a price of $75.14 per share.
MoffettNathanson downgraded its Roku Inc [ROKU] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. Robert W. Baird also remained covering ROKU and has increased its forecast on November 18, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. JP Morgan maintained its rating on October 10, 2024. It rated ROKU as “an Overweight”.
Price Performance Review of ROKU
On Friday, Roku Inc [NASDAQ:ROKU] saw its stock fall -4.59% to $79.19. Over the last five days, the stock has gained 6.31%. Roku Inc shares have risen nearly 6.52% since the year began. Nevertheless, the stocks have fallen -13.55% over the past one year. While a 52-week high of $99.80 was reached on 01/08/25, a 52-week low of $48.33 was recorded on 01/02/25. SMA at 50 days reached $75.84, while 200 days put it at $66.56.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 78.19, which if violated will result in even more drops to 77.19. On the upside, there is a resistance level at 80.80. A further resistance level may holdings at 82.41. The Relative Strength Index (RSI) on the 14-day chart is 51.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 49.35%. Stochastics %K at 72.52% 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.
