New insider activity at Richtech Robotics Inc. Class B ( (RR) ) has taken place on August 28, 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 $301,000. This sale highlights a notable shift in stock holdings by a key executive in the company.
Recent Updates on RR stock
In the last 24 hours, Richtech Robotics Inc. Class B has seen notable developments affecting its stock. The company announced a Master Services Agreement with a major global retailer, which is expected to enhance its market position by securing a significant client relationship. This announcement contributed to a 4% increase in premarket trading. Despite this positive news, Freedom Brooker downgraded the stock to Sell from Buy, citing that the recent share rally does not align with the company’s fundamentals and anticipates a potential correction as momentum fades. Meanwhile, the company also entered into an At The Market Offering Agreement to sell shares worth up to $100 million, indicating a strategic move to raise capital. These developments have influenced varying analyst opinions and price targets, reflecting the mixed sentiment surrounding the stock’s future performance.
More about Richtech Robotics Inc. Class B
YTD Price Performance: 37.34%
Average Trading Volume: 13,984,574
Technical Sentiment Signal: Strong Buy
Current Market Cap: $472.2M