The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Roadzen Inc shares valued at $2,507 were purchased by Malhotra Rohan on Mar 12 ’25. At $1.09 per share, Malhotra Rohan acquired 2,300 shares. The insider’s holdings grew to 807,837 shares worth approximately $0.86 million following the completion of this transaction.
Also, Malhotra Rohan purchased 16,750 shares, netting a total of over 17,755 in proceeds. Following the buying of shares at $1.06 each, the insider now holds 803,537 shares.
Before that, Malhotra Rohan had added 2,000 shares to its account. In a trade valued at $2,160, the insider bought Roadzen Inc shares for $1.08 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $0.85 million.
As published in their initiating research note from Maxim Group on May 23, 2024, Roadzen Inc [RDZN] has been a Buy and the price target has been revised to $10.
Analyzing RDZN Stock Performance
On last trading session,, Roadzen Inc [NASDAQ: RDZN] rose 3.92% to $1.06. The stock’s lowest price that day was $1.02, but it reached a high of $1.14 in the same session. Over the course of the year, Roadzen Inc shares have dropped approximately -47.00%. Shares of the company reached a 52-week high of $2.9900 on 01/03/25 and a 52-week low of $0.6800 on 05/07/25.
Support And Resistance Levels for Roadzen Inc (RDZN)
According to the 24-hour chart, there is a support level at 1.0067, which, if violated, would cause prices to drop to 0.9533. In the upper region, resistance lies at 1.1267. The next price resistance is at 1.1933. RSI (Relative Strength Index) is 52.87 on the 14-day chart, showing neutral technical sentiment.
Is Roadzen Inc subject to short interest?
Stocks of Roadzen Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.12 million shares to 1.67 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.55 million shares. A jump of 7.16% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 4.88 of the overall float, the days-to-cover ratio (short ratio) jumped to 4.88.
