Understanding the Risks of Investing in Rapid7 Inc (RPD)

Rapid7 Inc’s recent filing unveils that its Chief People Officer Luconi Christina unloaded Company’s shares for reported $0.29 million on Apr 07 ’25. In the deal valued at $23.12 per share,12,551 shares were sold. As a result of this transaction, Luconi Christina now holds 58,165 shares worth roughly $1.35 million.

Then, CHRISTINA LUCONI bought 12,551 shares, generating $297,208 in total proceeds.

Before that, Luconi Christina sold 21,488 shares. Rapid7 Inc shares valued at $616,184 were divested by the Chief People Officer at a price of $28.68 per share. As a result of the transaction, Luconi Christina now holds 70,716 shares, worth roughly $1.64 million.

DA Davidson downgraded its Rapid7 Inc [RPD] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early April with a ‘”an Equal-weight”‘ rating. Stifel revised its rating on January 17, 2025. It rated RPD as “a Hold” which previously was an “a Buy”.

Price Performance Review of RPD

On Tuesday, Rapid7 Inc [NASDAQ:RPD] saw its stock jump 1.13% to $23.22. Over the last five days, the stock has gained 0.35%. Rapid7 Inc shares have fallen nearly -42.28% since the year began. Nevertheless, the stocks have fallen -39.34% over the past one year. While a 52-week high of $44.48 was reached on 01/02/25, a 52-week low of $21.61 was recorded on 04/21/25. SMA at 50 days reached $24.95, while 200 days put it at $34.56.

Levels Of Support And Resistance For RPD Stock

The 24-hour chart illustrates a support level at 22.96, which if violated will result in even more drops to 22.71. On the upside, there is a resistance level at 23.51. A further resistance level may holdings at 23.81. The Relative Strength Index (RSI) on the 14-day chart is 43.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.27%. Stochastics %K at 10.92% indicates the stock is a buying.

The most recent change occurred on October 16, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.

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