X Square Capital LLC bought a new position in shares of Richtech Robotics Inc. (NASDAQ:RR – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 400,300 shares of the company’s stock, valued at approximately $1,717,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RR. ProShare Advisors LLC acquired a new stake in Richtech Robotics during the second quarter worth approximately $28,000. Delos Wealth Advisors LLC purchased a new stake in Richtech Robotics in the second quarter valued at $29,000. RiverGlades Family Offices LLC purchased a new position in shares of Richtech Robotics during the second quarter worth about $32,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Richtech Robotics during the second quarter worth about $33,000. Finally, Corsair Capital Management L.P. acquired a new stake in shares of Richtech Robotics during the second quarter worth about $39,000. 0.01% of the stock is owned by institutional investors and hedge funds.
Richtech Robotics Stock Performance
Shares of RR opened at $2.61 on Monday. The stock has a market capitalization of $561.41 million, a P/E ratio of -18.64 and a beta of -3.63. Richtech Robotics Inc. has a 1 year low of $1.37 and a 1 year high of $7.43. The company’s fifty day moving average is $3.58 and its two-hundred day moving average is $3.84.
Insider Activity
In other news, insider Matthew G. Casella sold 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $2.68, for a total value of $33,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 19.79% of the company’s stock.
Wall Street Analyst Weigh In
RR has been the topic of a number of research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Richtech Robotics in a research note on Monday, December 22nd. Wall Street Zen lowered shares of Richtech Robotics from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Finally, HC Wainwright reiterated a “buy” rating and issued a $6.00 price target on shares of Richtech Robotics in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $4.50.
Check Out Our Latest Stock Report on Richtech Robotics
More Richtech Robotics News
Here are the key news stories impacting Richtech Robotics this week:
- Positive Sentiment: HC Wainwright keeps a “Buy” rating and a $6.00 price target on RR, providing an upside reference point for investors despite recent cuts to estimates. Richtech Robotics (NASDAQ:RR) Earns Buy Rating from HC Wainwright
- Neutral Sentiment: An insider (Matthew G. Casella) disclosed a sale of 12,500 shares at an average price of $2.68 on Feb. 19; the amount is modest relative to market cap but can be perceived negatively by some traders. SEC Filing – Insider Sale
- Negative Sentiment: Richtech was hit with a securities class action tied to a January decline after media reporting that Microsoft denied a commercial partnership; the filing cites the sharp drop (~20% on Jan. 29) and alleges misleading statements — this raises litigation risk, potential legal costs, and reputational damage. RR ALERT: Richtech Robotics (RR) Facing Securities Class Action Amid Questions About Possible Pump and Dump – Hagens Berman
- Negative Sentiment: Multiple plaintiff law firms (Rosen, Faruqi & Faruqi, Schall, Robbins Geller, Pomerantz, Levi & Korsinsky, and others) are soliciting lead‑plaintiff motions and publicizing an April 3, 2026 deadline — an intense wave of litigation outreach amplifies legal exposure and may keep selling pressure on the stock. ROSEN Encourages Richtech Investors to Secure Counsel
- Negative Sentiment: HC Wainwright trimmed FY2026–FY2027 EPS forecasts materially (Q2–Q4 cuts and FY cuts), signaling weaker near‑term profitability expectations; while they retain a Buy rating, lower estimates underscore operating challenges and reduce near‑term earnings visibility. MarketBeat – HC Wainwright Estimate Changes
Richtech Robotics Profile
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.
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