In a filing, Rocket Companies Inc revealed its Director Rizik Matthew acquired Company’s shares for reported $4385.0 on Jun 28 ’24. In the deal valued at $13.79 per share,318 shares were bought. As a result of this transaction, Rizik Matthew now holds 707,528 shares worth roughly $8.26 million.
Then, Rizik Matthew bought 316 shares, generating $4,361 in total proceeds. Upon buying the shares at $13.80, the Director now owns 707,210 shares.
Before that, Rizik Matthew bought 310 shares. Rocket Companies Inc shares valued at $4,343 were divested by the Director at a price of $14.01 per share. As a result of the transaction, Rizik Matthew now holds 706,418 shares, worth roughly $8.24 million.
Barclays upgraded its Rocket Companies Inc [RKT] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early April from “an Underperform” to “a Mkt perform”. Deutsche Bank also remained covering RKT and has increased its forecast on April 02, 2025 with a “Buy” recommendation from previously “Hold” rating. UBS revised its rating on January 10, 2025. It rated RKT as “a Neutral” which previously was an “a Sell”.
Price Performance Review of RKT
On Monday, Rocket Companies Inc [NYSE:RKT] saw its stock jump 5.04% to $11.67. Over the last five days, the stock has lost -2.10%. Rocket Companies Inc shares have risen nearly 9.52% since the year began. Nevertheless, the stocks have fallen -11.15% over the past one year. While a 52-week high of $20.23 was reached on 04/07/25, a 52-week low of $9.52 was recorded on 01/13/25. SMA at 50 days reached $13.22, while 200 days put it at $14.86.
Levels Of Support And Resistance For RKT Stock
The 24-hour chart illustrates a support level at 11.32, which if violated will result in even more drops to 10.96. On the upside, there is a resistance level at 11.91. A further resistance level may holdings at 12.14. The Relative Strength Index (RSI) on the 14-day chart is 43.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.79%. Stochastics %K at 13.52% indicates the stock is a buying.
