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 $0.85 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 0.96% to $1.05. The stock’s lowest price that day was $1.04, but it reached a high of $1.11 in the same session. During the last five days, there has been a surge of approximately 0.96%. Over the course of the year, Roadzen Inc shares have dropped approximately -55.13%.
Support And Resistance Levels for Roadzen Inc (RDZN)
RSI (Relative Strength Index) is 52.94 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.
