Roper Technologies Inc’s recent filing unveils that its Director JOHNSON ROBERT D unloaded Company’s shares for reported $0.53 million on Dec 03 ’24. In the deal valued at $561.80 per share,940 shares were sold. As a result of this transaction, JOHNSON ROBERT D now holds 4,219 shares worth roughly $2.14 million.
Then, SABRINA & ROBERT TRUST bought 940 shares, generating $528,089 in total proceeds.
Before that, HUNN LAURENCE NEIL sold 30,000 shares. Roper Technologies Inc shares valued at $17,174,101 were divested by the President and CEO at a price of $572.47 per share. As a result of the transaction, HUNN LAURENCE NEIL now holds 87,311 shares, worth roughly $44.28 million.
A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Underweight”. Robert W. Baird also remained covering ROP and has increased its forecast on July 25, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on June 13, 2024. It rated ROP as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of ROP
On Monday, Roper Technologies Inc [NASDAQ:ROP] saw its stock fall -1.47% to $507.10. Over the last five days, the stock has lost -3.21%. Roper Technologies Inc shares have fallen nearly -2.45% since the year began. Nevertheless, the stocks have fallen -3.26% over the past one year. While a 52-week high of $580.09 was reached on 01/02/25, a 52-week low of $508.22 was recorded on 01/06/25. SMA at 50 days reached $546.24, while 200 days put it at $545.78.
Levels Of Support And Resistance For ROP Stock
The 24-hour chart illustrates a support level at 503.42, which if violated will result in even more drops to 499.74. On the upside, there is a resistance level at 512.11. A further resistance level may holdings at 517.13. The Relative Strength Index (RSI) on the 14-day chart is 24.37, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.29%. Stochastics %K at 3.51% indicates the stock is a buying.
How much short interest is there in Roper Technologies Inc?
A steep rise in short interest was recorded in Roper Technologies Inc stocks on 2024-12-13, dropping by -0.13 million shares to a total of 0.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.1 million shares. There was a decline of -12.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 22, 2024 when Oppenheimer resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $650.
