Market Highlights: Rocket Companies Inc (RKT) Ends on a High Note at 12.77

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The price of Rocket Companies Inc (NYSE: RKT) closed at $12.77 in the last session, up 1.35% from day before closing price of $12.60. In other words, the price has increased by $1.35 from its previous closing price. On the day, 11.43 million shares were traded.

Ratios:

We take a closer look at RKT’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 25.35 whereas as Long-Term Debt/Eq ratio is at 19.73.

On April 02, 2025, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $14.

Deutsche Bank Upgraded its Hold to Buy on April 02, 2025, while the target price for the stock was maintained at $16.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 28 ’24 when Rizik Matthew bought 318 shares for $13.79 per share. The transaction valued at 4,385 led to the insider holds 707,528 shares of the business.

Rizik Matthew bought 316 shares of RKT for $4,361 on Jun 27 ’24. The Director now owns 707,210 shares after completing the transaction at $13.80 per share. On Jun 24 ’24, another insider, Rizik Matthew, who serves as the Director of the company, bought 310 shares for $14.01 each. As a result, the insider paid 4,343 and bolstered with 706,418 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 5.33 while its Price-to-Book (P/B) ratio in mrq is 3.28.

Stock Price History:

Over the past 52 weeks, RKT has reached a high of $20.23, while it has fallen to a 52-week low of $9.52. The 50-Day Moving Average of the stock is -1.60%, while the 200-Day Moving Average is calculated to be -9.80%.

Shares Statistics:

A total of 150.15M shares are outstanding, with a floating share count of 130.08M. Insiders hold about 14.01% of the company’s shares, while institutions hold 75.03% stake in the company.

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