Roper Technologies Inc’s recent filing unveils that its Director WALLMAN RICHARD F acquired Company’s shares for reported $0.23 million on Oct 25 ’24. In the deal valued at $547.00 per share,417 shares were bought.
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Then, WALLMAN RICHARD F bought 2,000 shares, generating $1,100,000 in total proceeds.
Before that, JOHNSON ROBERT D sold 750 shares. Roper Technologies Inc shares valued at $415,335 were divested by the Director at a price of $553.78 per share. As a result of the transaction, JOHNSON ROBERT D now holds 5,159 shares, worth roughly $2.8 million.
Robert W. Baird upgraded its Roper Technologies Inc [ROP] rating to an Outperform from a a Neutral in a research note published on July 25, 2024; the price target was increased to $635 from $617. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in mid June from “an Outperform” to “a Peer perform”. Oppenheimer also remained covering ROP and reiterated its “an Outperform” recommendation on March 22, 2024. TD Cowen revised its rating on January 04, 2024. It rated ROP as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of ROP
On Friday, Roper Technologies Inc [NASDAQ:ROP] saw its stock fall -0.02% to $542.00. Over the last five days, the stock has lost -2.80%. Roper Technologies Inc shares have fallen nearly -0.58% since the year began. Nevertheless, the stocks have risen 12.63% over the past one year. While a 52-week high of $579.10 was reached on 07/23/24, a 52-week low of $474.46 was recorded on 05/02/24. SMA at 50 days reached $551.14, while 200 days put it at $545.84.
Levels Of Support And Resistance For ROP Stock
The 24-hour chart illustrates a support level at 538.89, which if violated will result in even more drops to 535.78. On the upside, there is a resistance level at 546.22. A further resistance level may holdings at 550.44. The Relative Strength Index (RSI) on the 14-day chart is 42.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.76%. Stochastics %K at 23.34% indicates the stock is a holding.
How much short interest is there in Roper Technologies Inc?
A steep rise in short interest was recorded in Roper Technologies Inc stocks on 2024-10-15, dropping by 49494.0 shares to a total of 1.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 1.26 million shares. There was a decline of -4.1%, which implies that there is a negative sentiment for the stock.
