Geode Capital Management LLC Buys 2,336 Shares of Vicarious Surgical Inc (NYSE:RBOT)

Geode Capital Management LLC lifted its stake in Vicarious Surgical Inc (NYSE:RBOT) by 8.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,799 shares of the company’s stock after acquiring an additional 2,336 shares during the quarter. Geode Capital Management LLC owned 0.52% of Vicarious Surgical worth $405,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, DnB Asset Management AS grew its position in Vicarious Surgical by 21.1% in the 4th 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 and hedge funds own 47.27% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Piper Sandler lowered their price target on Vicarious Surgical from $10.50 to $8.50 and set a “neutral” rating on the stock in a report on Tuesday, March 18th.

Vicarious Surgical Stock Up 5.9 %

NYSE RBOT opened at $8.42 on Friday. The company has a 50-day moving average price of $7.48 and a 200-day moving average price of $10.64. Vicarious Surgical Inc has a 52 week low of $4.27 and a 52 week high of $19.00. The firm has a market capitalization of $49.96 million, a P/E ratio of -0.82 and a beta of 1.51.

Vicarious Surgical (NYSE:RBOT) last announced its earnings results on Monday, March 17th. The company reported ($2.43) EPS for the quarter, beating analysts’ consensus estimates of ($2.69) by $0.26. The business had revenue of $2.09 million for the quarter. During the same period in the prior year, the company posted ($2.25) earnings per share. As a group, equities research analysts anticipate that Vicarious Surgical Inc will post -10.89 EPS for the current year.

Vicarious Surgical Company Profile

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.