In a filing, Rapid7 Inc revealed its Officer CHRISTINA LUCONI acquired Company’s shares for reported $0.61 million on Mar 07 ’25. In the deal valued at $28.29 per share,21,488 shares were bought.
Then, Thomas Corey E. sold 100,000 shares, generating $3,937,770 in total proceeds. Upon selling the shares at $39.38, the CEO now owns 431,469 shares.
Before that, Thomas Corey E. sold 50,000 shares. Rapid7 Inc shares valued at $1,996,576 were divested by the CEO at a price of $39.93 per share. As a result of the transaction, Thomas Corey E. now holds 431,469 shares, worth roughly $12.08 million.
Stifel downgraded its Rapid7 Inc [RPD] rating to a Hold from a a Buy in a research note published on January 17, 2025; the price target was decreased to $42 from $48. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. RBC Capital Mkts also remained covering RPD and has decreased its forecast on September 20, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating. Canaccord Genuity revised its rating on August 07, 2024. It rated RPD as “a Buy” which previously was an “a Hold”.
Price Performance Review of RPD
On Monday, Rapid7 Inc [NASDAQ:RPD] saw its stock fall -4.27% to $28.00. Over the last five days, the stock has lost -1.23%. Rapid7 Inc shares have fallen nearly -30.40% since the year began. Nevertheless, the stocks have fallen -48.57% over the past one year. While a 52-week high of $55.99 was reached on 01/02/25, a 52-week low of $27.95 was recorded on 03/10/25. SMA at 50 days reached $36.31, while 200 days put it at $38.18.
Levels Of Support And Resistance For RPD Stock
The 24-hour chart illustrates a support level at 27.40, which if violated will result in even more drops to 26.81. On the upside, there is a resistance level at 28.86. A further resistance level may holdings at 29.73. The Relative Strength Index (RSI) on the 14-day chart is 22.19, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.88%. Stochastics %K at 8.68% indicates the stock is a buying.
