Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Roper Technologies Inc shares valued at $17,174,101 were sold by HUNN LAURENCE NEIL on Nov 08 ’24. At $572.47 per share, HUNN LAURENCE NEIL sold 30,000 shares. The insider’s holdings dropped to 87,311 shares worth approximately $48.39 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, WRIGHT CHRISTOPHER sold 681 shares, netting a total of over 387,366 in proceeds. Following the sale of shares at $568.82 each, the insider now holds 34,869 shares.
Before that, WRIGHT CHRISTOPHER had added 681 shares to its account. In a trade valued at $387,366, the Director bought Roper Technologies Inc shares for $568.82 each.
As published in a research note from Robert W. Baird on July 25, 2024, Roper Technologies Inc [ROP] has been rated up from a Neutral to an Outperform and the price target has been revised to $635 from $617. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in mid June. As of March 22, 2024, Oppenheimer has reiterated its “an Outperform” rating for ROP. Earlier on January 04, 2024, TD Cowen downgraded its rating. Their new recommendation was “a Market perform” for ROP stock which previously was a “an Outperform”.
Analyzing ROP Stock Performance
During the last five days, there has been a drop of approximately -1.86%. Over the course of the year, Roper Technologies Inc shares have jumped approximately 1.67%. Shares of the company reached a 52-week high of $579.10 on 07/23/24 and a 52-week low of $508.22 on 05/02/24. A 50-day SMA is recorded $552.27, while a 200-day SMA reached $546.60. Nevertheless, trading volume fell to 0.54 million shares from 0.36 million shares the previous day.
Support And Resistance Levels for Roper Technologies Inc (ROP)
According to the 24-hour chart, there is a support level at 549.54, which, if violated, would cause prices to drop to 544.82. In the upper region, resistance lies at 557.13. The next price resistance is at 560.00. RSI (Relative Strength Index) is 50.42 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.91, which suggests the price will decrease in the coming days. Percent R is at 49.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
