Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rigetti Computing Inc shares valued at $149,000 were purchased by Bertelsen Jeffrey A. on May 21 ’25. At $11.92 per share, Bertelsen Jeffrey A. acquired 12,500 shares.
Also, Rivas David purchased 44,815 shares, netting a total of over 534,194 in proceeds.
Before that, Kulkarni Subodh K had sold 1,000,000 shares from its account. In a trade valued at $12,004,400, the President and CEO traded Rigetti Computing Inc shares for $12.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,000,000 shares, worth approximately $0.0.
As published in their initiating research note from Craig Hallum on December 20, 2024, Rigetti Computing Inc [RGTI] has been a Buy and the price target has been revised to $12. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of March 01, 2024, Alliance Global Partners has initiated its “Buy” rating for RGTI. Earlier on August 11, 2023, The Benchmark Company upgraded its rating. Their new recommendation was “a Buy” for RGTI stock which previously was a “a Hold”.
Analyzing RGTI Stock Performance
During the last five days, there has been a drop of approximately -5.84%. Over the course of the year, Rigetti Computing Inc shares have dropped approximately -28.18%. Shares of the company reached a 52-week high of $21.42 on 01/06/25 and a 52-week low of $5.95 on 01/13/25.
Support And Resistance Levels for Rigetti Computing Inc (RGTI)
According to the 24-hour chart, there is a support level at 10.47, which, if violated, would cause prices to drop to 9.97. In the upper region, resistance lies at 11.76. The next price resistance is at 12.56. RSI (Relative Strength Index) is 54.44 on the 14-day chart, showing neutral technical sentiment.
