Riot Platforms Inc’s filing revealed that its Director Marleau Hubert unloaded Company’s shares for reported $0.58 million on Mar 03 ’25. In the deal valued at $9.58 per share,61,000 shares were sold. As a result of this transaction, Marleau Hubert now holds 5,000 shares worth roughly $38600.0.
Then, Marleau Hubert bought 61,000 shares, generating $584,197 in total proceeds.
Before that, Les Jason sold 50,000 shares. Riot Platforms Inc shares valued at $567,000 were divested by the CHIEF EXECUTIVE OFFICER at a price of $11.34 per share. As a result of the transaction, Les Jason now holds 1,019,911 shares, worth roughly $7.87 million.
Keefe Bruyette initiated its Riot Platforms Inc [RIOT] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Macquarie began covering RIOT with “an Outperform” recommendation on September 25, 2024. Needham maintained its rating on July 24, 2024. It rated RIOT as “a Buy”.
Price Performance Review of RIOT
On Tuesday, Riot Platforms Inc [NASDAQ:RIOT] saw its stock jump 2.12% to $7.72. Over the last five days, the stock has lost -8.20%. Riot Platforms Inc shares have fallen nearly -24.39% since the year began. Nevertheless, the stocks have fallen -35.51% over the past one year. While a 52-week high of $15.87 was reached on 01/23/25, a 52-week low of $6.36 was recorded on 03/11/25. SMA at 50 days reached $11.13, while 200 days put it at $10.12.
Levels Of Support And Resistance For RIOT Stock
The 24-hour chart illustrates a support level at 7.35, which if violated will result in even more drops to 6.99. On the upside, there is a resistance level at 7.97. A further resistance level may holdings at 8.23. The Relative Strength Index (RSI) on the 14-day chart is 32.10, 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 89.94%. Stochastics %K at 7.92% indicates the stock is a buying.
