Healthcare of Ontario Pension Plan Trust Fund lifted its stake in RxSight, Inc. (NASDAQ:RXST – Free Report) by 761.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,131,400 shares of the company’s stock after purchasing an additional 1,000,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 2.73% of RxSight worth $6,969,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in RXST. Raymond James Financial Inc. acquired a new position in RxSight in the second quarter valued at about $28,000. Summit Securities Group LLC bought a new stake in shares of RxSight in the first quarter worth $30,000. Larson Financial Group LLC lifted its position in RxSight by 110.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,979 shares of the company’s stock worth $36,000 after buying an additional 2,089 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in RxSight by 440.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,758 shares of the company’s stock worth $39,000 after acquiring an additional 3,063 shares in the last quarter. Finally, CWM LLC raised its stake in shares of RxSight by 211.1% during the 4th quarter. CWM LLC now owns 3,826 shares of the company’s stock worth $40,000 after purchasing an additional 2,596 shares in the last quarter. 78.78% of the stock is owned by institutional investors.
RxSight Stock Performance
Shares of RXST opened at $6.13 on Thursday. RxSight, Inc. has a 52 week low of $4.48 and a 52 week high of $13.22. The firm has a market cap of $253.78 million, a P/E ratio of -5.42 and a beta of 1.15. The firm’s 50-day simple moving average is $5.27 and its 200 day simple moving average is $6.80.
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RxSight Profile
RxSight, Inc is a medical technology company focused on the development and commercialization of advanced intraocular lens (IOL) systems for patients undergoing cataract surgery and lens replacement procedures. The company’s flagship product, the Light Adjustable Lens (LAL), is designed to provide customized vision correction by allowing non‐invasive post‐operative adjustments. Using ultraviolet light, surgeons can fine‐tune the lens power after implantation to achieve optimal visual outcomes, reducing reliance on glasses or contact lenses and enhancing patient satisfaction.
Founded in 2011 and headquartered in Aliso Viejo, California, RxSight has pursued regulatory clearances and market access across multiple regions.
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