New insider activity at Richtech Robotics Inc. Class B ( (RR) ) has taken place on September 24, 2025.
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COO Phil Zheng has made a significant move by selling 100,000 shares of Richtech Robotics Inc. Class B stock, amounting to a total transaction value of $511,000.
Recent Updates on RR stock
Richtech Robotics Inc. Class B experienced significant developments in the last 24 hours, leading to a notable price target adjustment. H.C. Wainwright raised the price target for Richtech Robotics from $3.50 to $6, citing increased interest in service robots and improved long-term visibility as interest rates decline. Additionally, the company is engaging in meaningful discussions with potential customers, which has bolstered investor confidence. The stock also saw unusually high call volume, indicating bullish sentiment, with implied volatility increasing significantly. Furthermore, Richtech Robotics announced a new $100 million At The Market Offering Agreement, replacing a prior agreement, which could potentially enhance its financial flexibility.
More about Richtech Robotics Inc. Class B
YTD Price Performance: 102.07%
Average Trading Volume: 22,881,316
Technical Sentiment Signal: Buy
Current Market Cap: $830.4M