Rockwell Automation Inc’s recent filing unveils that its Vice President and Treasurer Woods Isaac unloaded Company’s shares for reported $0.25 million on Jan 10 ’25. In the deal valued at $274.72 per share,895 shares were sold. As a result of this transaction, Woods Isaac now holds 1,198 shares worth roughly $0.35 million.
Then, Woods Isaac bought 895 shares, generating $245,872 in total proceeds.
Before that, Moret Blake D. sold 1,730 shares. Rockwell Automation Inc shares valued at $513,576 were divested by the President and CEO at a price of $296.86 per share. As a result of the transaction, Moret Blake D. now holds 83,873 shares, worth roughly $24.39 million.
Stephens upgraded its Rockwell Automation Inc [ROK] rating to an Overweight from a an Equal-weight in a research note published on January 16, 2025; the price target was increased to $350 from $275. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. HSBC Securities also remained covering ROK and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Hold” rating. KeyBanc Capital Markets revised its rating on December 09, 2024. It rated ROK as “an Overweight” which previously was an “a Sector weight”.
Price Performance Review of ROK
On Tuesday, Rockwell Automation Inc [NYSE:ROK] saw its stock jump 1.45% to $290.77. Over the last five days, the stock has gained 5.53%. Rockwell Automation Inc shares have risen nearly 1.74% since the year began. Nevertheless, the stocks have fallen -3.13% over the past one year. While a 52-week high of $307.71 was reached on 01/21/25, a 52-week low of $242.81 was recorded on 01/13/25. SMA at 50 days reached $287.50, while 200 days put it at $272.57.
Levels Of Support And Resistance For ROK Stock
The 24-hour chart illustrates a support level at 288.94, which if violated will result in even more drops to 287.10. On the upside, there is a resistance level at 292.79. A further resistance level may holdings at 294.81. The Relative Strength Index (RSI) on the 14-day chart is 57.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.43%. Stochastics %K at 75.38% indicates the stock is a holding.
How much short interest is there in Rockwell Automation Inc?
A steep rise in short interest was recorded in Rockwell Automation Inc stocks on 2024-12-31, growing by 0.45 million shares to a total of 3.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.55 million shares. There was a rise of 15.12%, which implies that there is a positive sentiment for the stock.
