Roper Technologies Inc’s filing revealed that its Director WALLMAN RICHARD F unloaded Company’s shares for reported $0.55 million on Oct 24 ’24. In the deal valued at $550.00 per share,1,000 shares were sold. As a result of this transaction, WALLMAN RICHARD F now holds 0 shares worth roughly $0.0.
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Then, WALLMAN RICHARD F sold 1,000 shares, generating $550,000 in total proceeds. Upon selling the shares at $550.00, the Director now owns 32,955 shares.
Before that, WALLMAN RICHARD F sold 417 shares. Roper Technologies Inc shares valued at $228,099 were divested by the Director at a price of $547.00 per share. As a result of the transaction, WALLMAN RICHARD F now holds 32,538 shares, worth roughly $17.6 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 jump 0.59% to $540.91. Over the last five days, the stock has lost -0.20%. Roper Technologies Inc shares have fallen nearly -0.78% since the year began. Nevertheless, the stocks have risen 11.04% over the past one year. While a 52-week high of $579.10 was reached on 07/23/24, a 52-week low of $483.56 was recorded on 05/02/24. SMA at 50 days reached $550.67, while 200 days put it at $546.02.
Levels Of Support And Resistance For ROP Stock
The 24-hour chart illustrates a support level at 537.13, which if violated will result in even more drops to 533.35. On the upside, there is a resistance level at 543.66. A further resistance level may holdings at 546.42. The Relative Strength Index (RSI) on the 14-day chart is 43.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.22%. Stochastics %K at 22.11% 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.
