Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Rigetti Computing Inc shares valued at $117,000 were purchased by Clifton Michael S. on Jun 11 ’25. At $4.68 per share, Clifton Michael S. acquired 25,000 shares.
Also, Sandford Helene Gail sold 47,648 shares, netting a total of over 532,952 in proceeds. Following the sale of shares at $11.19 each, the insider now holds 210,104 shares.
Before that, Clifton Michael S. had sold 50,000 shares from its account. In a trade valued at $588,000, the Director traded Rigetti Computing Inc shares for $11.76 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $11.13 million.
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 surge of approximately 5.92%. Over the course of the year, Rigetti Computing Inc shares have dropped approximately -17.96%. 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 11.73, which, if violated, would cause prices to drop to 10.95. In the upper region, resistance lies at 13.43. The next price resistance is at 14.35. RSI (Relative Strength Index) is 56.56 on the 14-day chart, showing neutral technical sentiment.
