Brian D. Finn Buys 50,000 Shares of Sarcos Technology and Robotics Co. (NASDAQ:STRC) Stock

Sarcos Technology and Robotics Co. (NASDAQ:STRCGet Rating) Director Brian D. Finn bought 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 28th. The shares were acquired at an average cost of $0.46 per share, with a total value of $23,000.00. Following the completion of the purchase, the director now owns 120,007 shares of the company’s stock, valued at $55,203.22. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Sarcos Technology and Robotics Stock Performance

Shares of NASDAQ:STRC opened at $0.47 on Friday. Sarcos Technology and Robotics Co. has a 52 week low of $0.38 and a 52 week high of $7.09. The firm has a 50 day simple moving average of $0.55 and a 200 day simple moving average of $1.15.

Institutional Investors Weigh In On Sarcos Technology and Robotics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. purchased a new stake in Sarcos Technology and Robotics in the 2nd quarter worth approximately $31,000. Citigroup Inc. purchased a new stake in Sarcos Technology and Robotics in the 1st quarter worth approximately $33,000. Jane Street Group LLC purchased a new stake in Sarcos Technology and Robotics in the 4th quarter worth approximately $35,000. Renaissance Technologies LLC purchased a new stake in Sarcos Technology and Robotics in the 2nd quarter worth approximately $35,000. Finally, Virtu Financial LLC purchased a new stake in Sarcos Technology and Robotics in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 24.73% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Credit Suisse Group reissued a “neutral” rating and set a $4.00 target price on shares of Sarcos Technology and Robotics in a research note on Tuesday, December 13th.

About Sarcos Technology and Robotics

(Get Rating)

Sarcos Corp., a robotics and sensor company, designs, builds, and produces dexterous tele-operated robotic systems. Its products include Guardian S, an unmanned ground vehicle for security, inspection, and non-destructive testing available in a Robot-as-a-Service offering; Guardian GT, a big arm system or dual-armed human-controlled robot mounted on an agile tracked vehicle base for commercial, industrial, and first responder environments; and Guardian XO, a robot that features an exoskeleton suit; SenSuit controller garment for enhanced teleoperation of the Guardian XT (a highly dexterous mobile robotic system); and humanoid solutions.

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