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

Richtech Robotics Inc. (NASDAQ:RRGet Free Report) insider Matthew Casella sold 12,500 shares of the company’s 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Richtech Robotics Stock Performance

Shares of Richtech Robotics stock traded down $0.14 on Friday, hitting $2.65. 11,523,720 shares of the company’s stock were exchanged, compared to its average volume of 36,968,793. Richtech Robotics Inc. has a 1 year low of $1.37 and a 1 year high of $7.43. The company has a 50-day simple moving average of $3.61 and a 200-day simple moving average of $3.81. The stock has a market capitalization of $568.94 million, a PE ratio of -18.89 and a beta of -3.63.

Richtech Robotics (NASDAQ:RRGet Free Report) last announced 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. Richtech Robotics had a negative return on equity of 10.68% and a negative net margin of 417.41%.The company had revenue of $1.44 million for the quarter, compared to analysts’ expectations of $1.31 million.

Hedge Funds Weigh In On Richtech Robotics

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on RR

Key Stories 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)

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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