Restoration Robotics Inc (HAIR) Shares Sold by Royce & Associates LP

Royce & Associates LP decreased its stake in shares of Restoration Robotics Inc (NASDAQ:HAIR) by 22.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 765,441 shares of the company’s stock after selling 216,559 shares during the period. Royce & Associates LP owned 1.88% of Restoration Robotics worth $333,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Blair William & Co. IL acquired a new stake in shares of Restoration Robotics in the third quarter worth $174,000. SG Americas Securities LLC bought a new position in Restoration Robotics during the 3rd quarter valued at $527,000. Vanguard Group Inc raised its holdings in shares of Restoration Robotics by 173.2% during the third quarter. Vanguard Group Inc now owns 864,368 shares of the company’s stock worth $2,507,000 after purchasing an additional 547,968 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of Restoration Robotics by 173.2% during the third quarter. Vanguard Group Inc. now owns 864,368 shares of the company’s stock worth $2,507,000 after purchasing an additional 547,968 shares during the period. 27.83% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:HAIR opened at $0.66 on Friday. Restoration Robotics Inc has a twelve month low of $0.35 and a twelve month high of $7.85. The company has a current ratio of 3.14, a quick ratio of 3.72 and a debt-to-equity ratio of 12.27.

Restoration Robotics (NASDAQ:HAIR) last posted its quarterly earnings data on Friday, March 15th. The company reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.03). Restoration Robotics had a negative net margin of 130.83% and a negative return on equity of 653.88%. The business had revenue of $6.66 million for the quarter, compared to the consensus estimate of $6.00 million. As a group, equities research analysts forecast that Restoration Robotics Inc will post -0.64 EPS for the current year.

A number of analysts recently weighed in on HAIR shares. Maxim Group reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Restoration Robotics in a report on Tuesday, January 8th. Zacks Investment Research raised shares of Restoration Robotics from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 8th. Roth Capital reissued a “buy” rating on shares of Restoration Robotics in a research note on Tuesday, February 5th. Finally, William Blair cut shares of Restoration Robotics from an “outperform” rating to a “market perform” rating and set a $0.86 target price on the stock. in a research note on Monday, March 18th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $2.65.

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Restoration Robotics Company Profile

Restoration Robotics, Inc, a medical device company, develops and commercializes image-guided robotic systems in the United States and internationally. The company offers ARTAS System, a physician-assisted robotic system that identifies and dissects hair follicular units directly from the scalp and creates recipient implant sites.

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