Today, the price of RR stock has surged by 19%, marking a significant milestone in its market performance. This surge is accompanied by a notable trading volume of approximately $525 million, reflecting heightened investor interest.
Insider Trading Activity
Insider trading patterns reveal that executives within RR have not been buying shares in the open market. Over the past six months, there have been five sales and no purchases by insiders.
- Phil Zheng (Chief Operating Officer): Sold 400,000 shares for about $1.3 million.
This lack of insider purchases may raise questions about the company’s internal outlook and their confidence in future performance.
Institutional Investor Movements
The recent quarter saw 64 institutional investors increase their holdings in RR, while 24 chose to decrease their positions. The following major changes were observed:
- BlackRock, Inc.: Acquired 3,626,455 shares (+387.7%), valued at approximately $7 million.
- Vanguard Group Inc: Reduced holdings by 1,469,700 shares (-45.7%), for roughly $2.9 million.
- Bank of America Corp: Increased shares by 1,211,256 (+3231.2%), valued at about $2.4 million.
- State Street Corp: Added 1,164,978 shares (+490.7%), approximately worth $2.3 million.
- Geode Capital Management, LLC: Increased shares by 824,253 (+128.9%), worth about $1.6 million.
- Northern Trust Corp: Acquired 385,405 shares (+329.4%), valued at approximately $751,000.
- OMERS Administration Corp: Removed 355,300 shares (-100%), worth about $692,000.
Analyst Ratings
Analyst assessments of RR stock have been mostly positive recently. Notably, HC Wainwright & Co. issued a “Buy” rating on September 19, 2025. Currently, there are no sell ratings recorded for this stock.
For ongoing updates on RR stock, investors can refer to El-Balad for the latest data and insights.
