Roadzen Inc’s recent filing unveils that its insider Malhotra Rohan acquired Company’s shares for reported $2507.0 on Mar 12 ’25. In the deal valued at $1.09 per share,2,300 shares were bought. As a result of this transaction, Malhotra Rohan now holds 807,837 shares worth roughly $0.84 million.
Then, Malhotra Rohan bought 16,750 shares, generating $17,755 in total proceeds. Upon buying the shares at $1.06, the insider now owns 803,537 shares.
Before that, Malhotra Rohan bought 2,000 shares. Roadzen Inc shares valued at $2,160 were divested by the insider at a price of $1.08 per share. As a result of the transaction, Malhotra Rohan now holds 805,537 shares, worth roughly $0.84 million.
Maxim Group initiated its Roadzen Inc [RDZN] rating to a Buy in a research note published on May 23, 2024; the price target was $10.
Price Performance Review of RDZN
On Tuesday, Roadzen Inc [NASDAQ:RDZN] saw its stock jump 1.96% to $1.04. Over the last five days, the stock has lost -12.61%. Roadzen Inc shares have fallen nearly -52.73% since the year began. Nevertheless, the stocks have fallen -52.29% over the past one year. While a 52-week high of $3.28 was reached on 01/03/25, a 52-week low of $0.68 was recorded on 05/07/25.
Levels Of Support And Resistance For RDZN Stock
The 24-hour chart illustrates a support level at 0.9950, which if violated will result in even more drops to 0.9500. On the upside, there is a resistance level at 1.1000. A further resistance level may holdings at 1.1600.
How much short interest is there in Roadzen Inc?
A steep rise in short interest was recorded in Roadzen Inc stocks on 2025-05-30, growing by 0.18 million shares to a total of 1.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.42 million shares. There was a rise of 11.5%, which implies that there is a positive sentiment for the stock.
