Roku Inc’s recently made public that its Director THE WOOD REVOCABLE TRUST U/A D acquired Company’s shares for reported $2.12 million on Feb 10 ’25. In the deal valued at $85.00 per share,25,000 shares were bought.
Then, Jedda Dan sold 1,000 shares, generating $77,180 in total proceeds. Upon selling the shares at $77.18, the CFO now owns 63,555 shares.
Before that, DANIEL JEDDA bought 1,000 shares. Roku Inc shares valued at $77,180 were divested by the Officer at a price of $77.18 per share.
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 fall -2.19% to $82.75. Over the last five days, the stock has gained 3.23%. Roku Inc shares have risen nearly 11.31% since the year began. Nevertheless, the stocks have fallen -12.62% over the past one year. While a 52-week high of $99.80 was reached on 02/10/25, a 52-week low of $48.33 was recorded on 01/02/25. SMA at 50 days reached $79.66, while 200 days put it at $68.60.
Levels Of Support And Resistance For ROKU Stock
The 24-hour chart illustrates a support level at 81.39, which if violated will result in even more drops to 80.03. On the upside, there is a resistance level at 83.93. A further resistance level may holdings at 85.11. The Relative Strength Index (RSI) on the 14-day chart is 53.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 66.47%. Stochastics %K at 54.95% 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 2025-01-31, growing by 73177.0 shares to a total of 8.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 8.23 million shares. There was a rise of 0.88%, which implies that there is a positive 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.
