Rockwell Automation Inc’s recent filing unveils that its Vice President and Controller Riesterer Terry L. unloaded Company’s shares for reported $0.26 million on Feb 12 ’25. In the deal valued at $300.21 per share,850 shares were sold. As a result of this transaction, Riesterer Terry L. now holds 1,633 shares worth roughly $ 0.48 million.
Then, Buttermore Robert L. sold 202 shares, generating $59,823 in total proceeds. Upon selling the shares at $296.15, the SVP,Chief Supply Chain Officer now owns 2,610 shares.
Before that, Buttermore Robert L. bought 202 shares. Rockwell Automation Inc shares valued at $59,823 were divested by the Officer at a price of $296.15 per share.
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 Friday, Rockwell Automation Inc [NYSE:ROK] saw its stock fall -1.43% to $294.40. Over the last five days, the stock has gained 9.69%. Rockwell Automation Inc shares have risen nearly 3.01% since the year began. Nevertheless, the stocks have risen 5.75% over the past one year. While a 52-week high of $308.70 was reached on 02/10/25, a 52-week low of $242.81 was recorded on 02/03/25. SMA at 50 days reached $286.91, while 200 days put it at $273.02.
Levels Of Support And Resistance For ROK Stock
The 24-hour chart illustrates a support level at 291.89, which if violated will result in even more drops to 289.38. On the upside, there is a resistance level at 298.51. A further resistance level may holdings at 302.63. The Relative Strength Index (RSI) on the 14-day chart is 57.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 14.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 33.62%. Stochastics %K at 75.64% 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 2025-01-31, dropping by -0.19 million shares to a total of 2.81 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.01 million shares. There was a decline of -6.79%, which implies that there is a negative sentiment for the stock.
