Rigetti Computing Inc’s recently made public that its Officer Bertelsen Jeffrey A. acquired Company’s shares for reported $2.59 million on May 19 ’25. In the deal valued at $11.85 per share,218,750 shares were bought.
Then, Rivas David bought 275,000 shares, generating $2,406,250 in total proceeds.
Before that, Rivas David sold 275,000 shares. Rigetti Computing Inc shares valued at $2,508,632 were divested by the CHIEF TECHNOLOGY OFFICER at a price of $9.12 per share. As a result of the transaction, Rivas David now holds 819,738 shares, worth roughly $9.88 million.
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 Monday, Rigetti Computing Inc [NASDAQ:RGTI] saw its stock jump 1.69% to $12.05. Over the last five days, the stock has gained 4.33%. Rigetti Computing Inc shares have fallen nearly -21.04% since the year began. Nevertheless, the stocks have risen 887.70% over the past one year.
How much short interest is there in Rigetti Computing Inc?
A steep rise in short interest was recorded in Rigetti Computing Inc stocks on 2025-04-30, dropping by -2.27 million shares to a total of 65.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 68.26 million shares. There was a decline of -3.45%, which implies that there is a negative sentiment for the stock.
