Rigetti Computing Inc’s recently made public that its CHIEF TECHNOLOGY OFFICER Rivas David unloaded Company’s shares for reported $0.53 million on May 21 ’25. In the deal valued at $11.89 per share,44,815 shares were sold. As a result of this transaction, Rivas David now holds 774,923 shares worth roughly $8.71 million.
Then, Bertelsen Jeffrey A. bought 12,500 shares, generating $149,000 in total proceeds.
Before that, Rivas David bought 44,815 shares. Rigetti Computing Inc shares valued at $534,194 were divested by the Officer at a price of $11.92 per share.
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 Friday, Rigetti Computing Inc [NASDAQ:RGTI] saw its stock fall -0.37% to $11.24. Over the last five days, the stock has lost -8.34%. Rigetti Computing Inc shares have fallen nearly -26.36% since the year began. Nevertheless, the stocks have risen 970.30% over the past one year. While a 52-week high of $21.42 was reached on 01/06/25, a 52-week low of $0.66 was recorded on 01/13/25. SMA at 50 days reached $10.19, while 200 days put it at $7.10.
Levels Of Support And Resistance For RGTI Stock
The 24-hour chart illustrates a support level at 10.92, which if violated will result in even more drops to 10.56. On the upside, there is a resistance level at 11.70. A further resistance level may holdings at 12.11. The Relative Strength Index (RSI) on the 14-day chart is 48.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.40%. Stochastics %K at 9.65% indicates the stock is a buying.
