KD Logo

Recent Insider Activity Could Benefit Rockwell Automation Inc (ROK)

ZOM Stock

Rockwell Automation Inc’s recent filing unveils that its Officer Woods Isaac acquired Company’s shares for reported $0.25 million on Feb 28 ’25. In the deal valued at $284.03 per share,876 shares were bought.

Then, Myers Tessa M. bought 1,231 shares, generating $351,364 in total proceeds.

Before that, GENEREUX SCOTT bought 1,250 shares. Rockwell Automation Inc shares valued at $356,788 were divested by the Officer at a price of $285.43 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 jump 0.99% to $287.15. Over the last five days, the stock has lost -2.73%. Rockwell Automation Inc shares have risen nearly 0.48% since the year began. Nevertheless, the stocks have risen 2.20% 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 $286.33, while 200 days put it at $273.95.

Levels Of Support And Resistance For ROK Stock

The 24-hour chart illustrates a support level at 283.04, which if violated will result in even more drops to 278.94. On the upside, there is a resistance level at 289.42. A further resistance level may holdings at 291.70. The Relative Strength Index (RSI) on the 14-day chart is 48.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.39%. Stochastics %K at 37.48% indicates the stock is a holding.

Most Popular