Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Roku Inc shares valued at $77,180 were purchased by DANIEL JEDDA on Jan 15 ’25. At $77.18 per share, DANIEL JEDDA acquired 1,000 shares.
Also, Wood Anthony J. sold 25,000 shares, netting a total of over 1,994,250 in proceeds. Following the sale of shares at $79.77 each, the insider now holds 26,538 shares.
Before that, THE WOOD REVOCABLE TRUST U/A D had added 25,000 shares to its account. In a trade valued at $2,075,000, the Director bought Roku Inc shares for $83.00 each.
As published in a research note from MoffettNathanson on January 10, 2025, Roku Inc [ROKU] has been rated down from a Neutral to a Sell and the price target has been revised to $55. Analysts at UBS started covering the stock with ‘”a Neutral”‘ outlook in a report released in late November. As of November 18, 2024, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for ROKU. Earlier on October 10, 2024, JP Morgan resumed its rating. Their recommendation was “an Overweight” for ROKU stock.
Analyzing ROKU Stock Performance
During the last five days, there has been a drop of approximately -1.87%. Over the course of the year, Roku Inc shares have jumped approximately 2.95%. Shares of the company reached a 52-week high of $84.92 on 01/08/25 and a 52-week low of $73.58 on 01/02/25. A 50-day SMA is recorded $76.04, while a 200-day SMA reached $66.73. Nevertheless, trading volume fell to 2.25 million shares from 2.64 million shares the previous day.
Support And Resistance Levels for Roku Inc (ROKU)
According to the 24-hour chart, there is a support level at 75.65, which, if violated, would cause prices to drop to 74.77. In the upper region, resistance lies at 78.02. The next price resistance is at 79.51. RSI (Relative Strength Index) is 47.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.52, which suggests the price will decrease in the coming days. Percent R is at 72.27%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
