Insider Selling: Vicarious Surgical Inc (NYSE:RBOT) CTO Sells $10,955.62 in Stock

Vicarious Surgical Inc (NYSE:RBOT) CTO Sammy Khalifa sold 754 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $14.53, for a total transaction of $10,955.62. Following the sale, the chief technology officer now directly owns 36,927 shares in the company, valued at $536,549.31. The trade was a 2.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Sammy Khalifa also recently made the following trade(s):

• On Monday, December 23rd, Sammy Khalifa sold 112 shares of Vicarious Surgical stock. The stock was sold at an average price of $12.19, for a total transaction of $1,365.28.
• On Tuesday, December 3rd, Sammy Khalifa sold 239 shares of Vicarious Surgical stock. The shares were sold at an average price of $13.46, for a total value of $3,216.94.

Vicarious Surgical Stock Performance

Vicarious Surgical stock opened at $14.38 on Monday. The firm has a market cap of $84.99 million, a price-to-earnings ratio of -1.40 and a beta of 1.32. Vicarious Surgical Inc has a 52-week low of $4.27 and a 52-week high of $19.00. The firm has a 50 day moving average price of $13.65 and a two-hundred day moving average price of $10.14.

Analysts Set New Price Targets

Separately, Piper Sandler cut their target price on Vicarious Surgical from $12.00 to $10.50 and set a “neutral” rating on the stock in a report on Wednesday, November 13th.

Hedge Funds Weigh In On Vicarious Surgical

A number of hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC grew its holdings in Vicarious Surgical by 11.6% during the 4th quarter. Renaissance Technologies LLC now owns 11,534 shares of the company’s stock worth $152,000 after acquiring an additional 1,200 shares during the period. Geode Capital Management LLC boosted its position in shares of Vicarious Surgical by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 30,799 shares of the company’s stock valued at $405,000 after purchasing an additional 2,336 shares in the last quarter. Finally, DnB Asset Management AS grew its stake in Vicarious Surgical by 21.1% during the fourth quarter. DnB Asset Management AS now owns 21,213 shares of the company’s stock worth $279,000 after purchasing an additional 3,692 shares during the period. Institutional investors own 47.27% of the company’s stock.

About Vicarious Surgical

Vicarious Surgical Inc operates as a robotics technology company in the United States. The company focuses on developing and commercializing Vicarious System, a single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. Vicarious Surgical Inc was incorporated in 2014 and is headquartered in Waltham, Massachusetts.