Roku Inc’s recent filing unveils that its CFO Jedda Dan unloaded Company’s shares for reported $77180.0 on Jan 15 ’25. In the deal valued at $77.18 per share,1,000 shares were sold. As a result of this transaction, Jedda Dan now holds 63,555 shares worth roughly $5.23 million.
Then, DANIEL JEDDA bought 1,000 shares, generating $77,180 in total proceeds.
Before that, Wood Anthony J. sold 25,000 shares. Roku Inc shares valued at $1,994,250 were divested by the CEO and Chairman BOD at a price of $79.77 per share. As a result of the transaction, Wood Anthony J. now holds 26,538 shares, worth roughly $2.19 million.
JMP Securities initiated its Roku Inc [ROKU] rating to a Mkt outperform in a research note published on January 21, 2025; the price target was $95. A number of analysts have revised their coverage, including MoffettNathanson’s analysts, who decreased its forecast for the stock in early January from “a Neutral” to “a Sell”. UBS began covering ROKU with “Neutral” recommendation on November 22, 2024. Robert W. Baird revised its rating on November 18, 2024. It rated ROKU as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of ROKU
On Tuesday, Roku Inc [NASDAQ:ROKU] saw its stock jump 2.66% to $82.34. Over the last five days, the stock has gained 3.26%. Roku Inc shares have risen nearly 10.76% since the year began. Nevertheless, the stocks have fallen -7.31% 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 $77.31, while 200 days put it at $67.45.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 80.11, which if violated will result in even more drops to 77.87. On the upside, there is a resistance level at 83.82. A further resistance level may holdings at 85.29. The Relative Strength Index (RSI) on the 14-day chart is 56.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.84%. Stochastics %K at 66.52% 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 2025-01-15, dropping by -1.11 million shares to a total of 8.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.29 million shares. There was a decline of -13.58%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 10, 2024 when JP Morgan resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $92.
