Regatta Capital Group LLC Takes $2.51 Million Position in ResMed Inc. $RMD

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Regatta Capital Group LLC has acquired a new position in ResMed Inc. (NYSE:RMD), purchasing 10,412 shares valued at approximately $2.51 million. Institutional investors now collectively own nearly 55% of the company, with significant stakes held by Norges Bank, Vanguard, and others. Analysts currently hold a “Moderate Buy” rating for ResMed, with an average price target of $299.27, while the company continues to pay a quarterly dividend of $0.60.

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