Riot Platforms Inc’s recent filing unveils that its 10% Owner Riot Platforms, Inc. acquired Company’s shares for reported $97.32 million on May 27 ’25. In the deal valued at $1.08 per share,90,110,912 shares were bought.
Then, Mouton Douglas bought 8,384 shares, generating $64,892 in total proceeds. Upon buying the shares at $7.74, the Director now owns 20,384 shares.
Before that, Cho Hannah sold 12,000 shares. Riot Platforms Inc shares valued at $92,400 were divested by the Director at a price of $7.70 per share. As a result of the transaction, Cho Hannah now holds 59,265 shares, worth roughly $0.69 million.
Keefe Bruyette initiated its Riot Platforms Inc [RIOT] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Macquarie began covering RIOT with “an Outperform” recommendation on September 25, 2024. Needham maintained its rating on July 24, 2024. It rated RIOT as “a Buy”.
Price Performance Review of RIOT
On Tuesday, Riot Platforms Inc [NASDAQ:RIOT] saw its stock jump 0.17% to $11.57. Over the last five days, the stock has gained 2.39%. Riot Platforms Inc shares have risen nearly 20.90% since the year began. Nevertheless, the stocks have risen 13.32% over the past one year. While a 52-week high of $15.87 was reached on 01/23/25, a 52-week low of $6.19 was recorded on 04/17/25.
Levels Of Support And Resistance For RIOT Stock
The 24-hour chart illustrates a support level at 11.42, which if violated will result in even more drops to 11.26. On the upside, there is a resistance level at 11.86. A further resistance level may holdings at 12.15.
How much short interest is there in Riot Platforms Inc?
A steep rise in short interest was recorded in Riot Platforms Inc stocks on 2025-06-13, dropping by -0.42 million shares to a total of 84.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 84.86 million shares. There was a decline of -0.5%, which implies that there is a negative sentiment for the stock.
