Richtech Robotics Inc’s filing revealed that its Chief Operating Officer Zheng Phil unloaded Company’s shares for reported $0.14 million on Jun 05 ’25. In the deal valued at $2.53 per share,54,787 shares were sold. As a result of this transaction, Zheng Phil now holds 1,200,000 shares worth roughly $2.08 million.
Then, Zheng Phil sold 40,000 shares, generating $99,200 in total proceeds. Upon selling the shares at $2.48, the Chief Operating Officer now owns 1,254,787 shares.
Before that, Zheng Phil sold 105,213 shares. Richtech Robotics Inc shares valued at $277,762 were divested by the Chief Operating Officer at a price of $2.64 per share. As a result of the transaction, Zheng Phil now holds 1,294,787 shares, worth roughly $2.24 million.
H.C. Wainwright initiated its Richtech Robotics Inc [RR] rating to a Buy in a research note published on April 11, 2025; the price target was $3.50. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating.
Price Performance Review of RR
On Tuesday, Richtech Robotics Inc [NASDAQ:RR] saw its stock fall -5.46% to $1.73. Over the last five days, the stock has lost -9.42%. Richtech Robotics Inc shares have risen nearly 47.86% since the year began. Nevertheless, the stocks have fallen -35.93% over the past one year. While a 52-week high of $5.20 was reached on 01/06/25, a 52-week low of $0.30 was recorded on 03/10/25.
Levels Of Support And Resistance For RR Stock
The 24-hour chart illustrates a support level at 1.6933, which if violated will result in even more drops to 1.6567. On the upside, there is a resistance level at 1.8033. A further resistance level may holdings at 1.8767.
How much short interest is there in Richtech Robotics Inc?
A steep rise in short interest was recorded in Richtech Robotics Inc stocks on 2025-06-13, growing by 3.85 million shares to a total of 17.29 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 13.45 million shares. There was a rise of 22.25%, which implies that there is a positive sentiment for the stock.
