Matthew Casella Sells 12,500 Shares of Richtech Robotics (NASDAQ:RR) Stock

Richtech Robotics Inc. (NASDAQ:RRGet Free Report) insider Matthew Casella sold 12,500 shares of Richtech Robotics stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $2.68, for a total transaction of $33,500.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Richtech Robotics Price Performance

RR stock traded down $0.14 on Friday, reaching $2.65. 11,523,720 shares of the company traded hands, compared to its average volume of 36,968,793. The firm has a fifty day simple moving average of $3.61 and a 200-day simple moving average of $3.81. The company has a market cap of $568.94 million, a P/E ratio of -18.89 and a beta of -3.63. Richtech Robotics Inc. has a one year low of $1.37 and a one year high of $7.43.

Richtech Robotics (NASDAQ:RRGet Free Report) last released its earnings results on Tuesday, January 20th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $1.44 million for the quarter, compared to analysts’ expectations of $1.31 million. Richtech Robotics had a negative return on equity of 10.68% and a negative net margin of 417.41%.

Hedge Funds Weigh In On Richtech Robotics

Hedge funds and other institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Richtech Robotics in the first quarter worth $1,630,000. Goldman Sachs Group Inc. purchased a new position in Richtech Robotics in the first quarter worth about $459,000. RiverGlades Family Offices LLC bought a new stake in shares of Richtech Robotics during the 2nd quarter valued at about $32,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Richtech Robotics during the 2nd quarter valued at about $526,000. Finally, ProShare Advisors LLC purchased a new stake in shares of Richtech Robotics during the 2nd quarter valued at about $28,000. 0.01% of the stock is owned by institutional investors.

Key Headlines Impacting Richtech Robotics

Here are the key news stories impacting Richtech Robotics this week:

  • Positive Sentiment: HC Wainwright kept a “Buy” rating and a $6.00 price target on RR, which may support some investor confidence despite cuts to near‑term EPS forecasts. HC Wainwright note (MarketBeat)
  • Neutral Sentiment: Multiple law firms (Rosen, Faruqi, Levi & Korsinsky, Pomerantz, Robbins Geller, Gross, Schall, Rosen — the First Filing Firm, etc.) are publicly soliciting clients and reminding investors of the April 3 lead‑plaintiff deadline; these are procedural notices that increase awareness but are routine in securities litigation. Schall Law Firm notice (GlobeNewswire)
  • Negative Sentiment: Hagens Berman and other firms have filed or announced securities class actions alleging investors were misled after Hunterbrook Media reported Microsoft denied a commercial partnership — the denial previously sent RR shares sharply lower and is the focal point of the suits. Litigation risk typically raises uncertainty and selling pressure for small‑cap stocks. Hagens Berman filing (PR Newswire)
  • Negative Sentiment: The class action wave is broad — multiple firms (Pomerantz, Rosen, Robbins Geller, Levi & Korsinsky, Rosen The First Filing Firm, Gross, Portnoy) have issued notices and filings seeking lead plaintiffs, which can prolong headlines and increase short‑term volume/volatility. Pomerantz investor alert (PR Newswire)
  • Negative Sentiment: HC Wainwright lowered Q2–Q4 2026 and FY2026–FY2027 EPS estimates (material downgrades to FY outlook), which reduces near‑term earnings visibility and removes some fundamental support for the stock. HC Wainwright estimate revisions (MarketBeat)

Analyst Ratings Changes

A number of equities research analysts have recently commented on RR shares. HC Wainwright reissued a “buy” rating and set a $6.00 price target on shares of Richtech Robotics in a research report on Wednesday. Wall Street Zen cut Richtech Robotics from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Richtech Robotics in a report on Monday, December 22nd. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $4.50.

View Our Latest Analysis on Richtech Robotics

Richtech Robotics Company Profile

(Get Free Report)

Richtech Robotics Inc develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.

Further Reading

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