The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Richtech Robotics Inc shares valued at $100,080 were sold by Casella Matthew G. on Mar 13 ’25. At $1.67 per share, Casella Matthew G. sold 60,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Matthew G. Casella purchased 60,000 shares, netting a total of over 95,000 in proceeds.
Before that, King Bliss Ltd had sold 2,200,000 shares from its account. In a trade valued at $756,360, the 10% Owner traded Richtech Robotics Inc shares for $0.34 each. Upon closing the transaction, the insider’s holdings decreased to 2,200,000 shares, worth approximately $3.8 million.
As published in their initiating research note from Lake Street on March 18, 2025, Richtech Robotics Inc [RR] has been a Buy and the price target has been revised to $3.
Analyzing RR Stock Performance
During the last five days, there has been a surge of approximately 2.34%. Over the course of the year, Richtech Robotics Inc shares have dropped approximately -18.89%. Shares of the company reached a 52-week high of $5.20 on 01/06/25 and a 52-week low of $1.37 on 03/10/25. A 50-day SMA is recorded $2.37, while a 200-day SMA reached $1.44.
Support And Resistance Levels for Richtech Robotics Inc (RR)
According to the 24-hour chart, there is a support level at 2.09, which, if violated, would cause prices to drop to 1.98. In the upper region, resistance lies at 2.27. The next price resistance is at 2.35. RSI (Relative Strength Index) is 51.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.31, which suggests the price will decrease in the coming days. Percent R is at 35.94%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
