Rigetti Computing Inc’s recent filing unveils that its Former Officer Danis Richard acquired Company’s shares for reported $0.24 million on Feb 20 ’25. In the deal valued at $11.47 per share,20,609 shares were bought.
Then, Danis Richard bought 100,000 shares, generating $1,839,000 in total proceeds.
Before that, Danis Richard bought 102,852 shares. Rigetti Computing Inc shares valued at $1,956,245 were divested by the Former Officer at a price of $19.02 per share.
Craig Hallum initiated its Rigetti Computing Inc [RGTI] rating to a Buy in a research note published on December 20, 2024; the price target was $12. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. Alliance Global Partners began covering RGTI with “Buy” recommendation on March 01, 2024. The Benchmark Company revised its rating on August 11, 2023. It rated RGTI as “a Buy” which previously was an “a Hold”.
Price Performance Review of RGTI
On Friday, Rigetti Computing Inc [NASDAQ:RGTI] saw its stock fall -5.86% to $10.12. Over the last five days, the stock has lost -14.31%. Rigetti Computing Inc shares have fallen nearly -33.68% since the year began. Nevertheless, the stocks have risen 565.79% over the past one year. While a 52-week high of $21.42 was reached on 01/06/25, a 52-week low of $0.66 was recorded on 01/13/25. SMA at 50 days reached $12.05, while 200 days put it at $3.89.
Levels Of Support And Resistance For RGTI Stock
The 24-hour chart illustrates a support level at 9.84, which if violated will result in even more drops to 9.55. On the upside, there is a resistance level at 10.56. A further resistance level may holdings at 10.99. The Relative Strength Index (RSI) on the 14-day chart is 42.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.48%. Stochastics %K at 12.65% indicates the stock is a buying.
