Christopher Wright Sells 1,000 Shares of Roper Technologies, Inc. (ROP) Stock

Roper Technologies, Inc. (NYSE:ROP) Director Christopher Wright sold 1,000 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $234.00, for a total value of $234,000.00. Following the transaction, the director now directly owns 65,104 shares of the company’s stock, valued at approximately $15,234,336. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Christopher Wright also recently made the following trade(s):

  • On Friday, June 9th, Christopher Wright sold 1,800 shares of Roper Technologies stock. The stock was sold at an average price of $228.70, for a total value of $411,660.00.

Shares of Roper Technologies, Inc. (ROP) opened at 229.30 on Friday. Roper Technologies, Inc. has a 1-year low of $167.50 and a 1-year high of $238.49. The stock has a 50 day moving average price of $234.07 and a 200 day moving average price of $219.55. The company has a market capitalization of $23.44 billion, a price-to-earnings ratio of 34.33 and a beta of 1.04.

Roper Technologies (NYSE:ROP) last released its quarterly earnings results on Monday, July 31st. The industrial products company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.02. Roper Technologies had a net margin of 16.44% and a return on equity of 13.66%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the business earned $1.56 earnings per share. The firm’s quarterly revenue was up 23.2% on a year-over-year basis. Analysts forecast that Roper Technologies, Inc. will post $9.27 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 21st. Stockholders of record on Friday, July 7th were given a $0.35 dividend. The ex-dividend date was Wednesday, July 5th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.61%. Roper Technologies’s payout ratio is 20.96%.

ILLEGAL ACTIVITY NOTICE: “Christopher Wright Sells 1,000 Shares of Roper Technologies, Inc. (ROP) Stock” was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/08/18/christopher-wright-sells-1000-shares-of-roper-technologies-inc-rop-stock.html.

Several equities analysts recently weighed in on ROP shares. Royal Bank Of Canada reissued an “outperform” rating and set a $248.00 price objective (up previously from $245.00) on shares of Roper Technologies in a research report on Monday, May 1st. Zacks Investment Research raised Roper Technologies from a “hold” rating to a “buy” rating and set a $244.00 price target for the company in a report on Monday, May 1st. Barclays PLC upped their price target on Roper Technologies from $221.00 to $237.00 and gave the company an “overweight” rating in a report on Monday, May 1st. Raymond James Financial, Inc. upped their price target on Roper Technologies from $253.00 to $268.00 in a report on Wednesday, July 5th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $242.00 price target on shares of Roper Technologies in a report on Friday, July 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Roper Technologies currently has an average rating of “Buy” and a consensus price target of $238.42.

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Roper Technologies by 3.4% in the second quarter. Vanguard Group Inc. now owns 10,856,231 shares of the industrial products company’s stock worth $2,513,543,000 after buying an additional 354,064 shares during the last quarter. BlackRock Inc. boosted its position in shares of Roper Technologies by 2,678.8% in the first quarter. BlackRock Inc. now owns 7,976,924 shares of the industrial products company’s stock worth $1,647,156,000 after buying an additional 7,689,856 shares during the period. State Street Corp boosted its position in shares of Roper Technologies by 4.6% in the first quarter. State Street Corp now owns 4,625,791 shares of the industrial products company’s stock worth $955,175,000 after buying an additional 203,844 shares during the period. Principal Financial Group Inc. boosted its position in shares of Roper Technologies by 3.0% in the second quarter. Principal Financial Group Inc. now owns 1,944,790 shares of the industrial products company’s stock worth $450,277,000 after buying an additional 57,035 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Roper Technologies by 25.3% in the first quarter. TIAA CREF Investment Management LLC now owns 1,442,293 shares of the industrial products company’s stock worth $297,819,000 after buying an additional 291,418 shares during the period. Institutional investors own 96.65% of the company’s stock.

Roper Technologies Company Profile

Insider Buying and Selling by Quarter for Roper Technologies (NYSE:ROP)

What are top analysts saying about Roper Technologies Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Roper Technologies Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit