Roper Technologies Inc’s filing revealed that its EVP, Chief Financial Officer Conley Jason unloaded Company’s shares for reported $1.73 million on Jan 31 ’25. In the deal valued at $578.05 per share,3,000 shares were sold. As a result of this transaction, Conley Jason now holds 31,522 shares worth roughly $18.19 million.
Then, Stipancich John K sold 1,000 shares, generating $578,040 in total proceeds. Upon selling the shares at $578.04, the Executive VP, GC & Secretary now owns 38,932 shares.
Before that, WALLMAN RICHARD F sold 351 shares. Roper Technologies Inc shares valued at $201,913 were divested by the Director at a price of $575.25 per share. As a result of the transaction, WALLMAN RICHARD F now holds 20,187 shares, worth roughly $11.65 million.
TD Cowen upgraded its Roper Technologies Inc [ROP] rating to a Buy from a a Hold in a research note published on January 28, 2025; the price target was increased to $615 from $535. Barclays also remained covering ROP and has decreased its forecast on December 05, 2024 with a “an Underweight” recommendation from previously “an Overweight” rating. Robert W. Baird revised its rating on July 25, 2024. It rated ROP as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of ROP
On Monday, Roper Technologies Inc [NASDAQ:ROP] saw its stock jump 0.24% to $577.04. Over the last five days, the stock has gained 6.60%. Roper Technologies Inc shares have risen nearly 11.00% since the year began. Nevertheless, the stocks have risen 7.46% over the past one year. While a 52-week high of $584.31 was reached on 01/30/25, a 52-week low of $499.47 was recorded on 01/13/25. SMA at 50 days reached $538.81, while 200 days put it at $544.63.
Levels Of Support And Resistance For ROP Stock
The 24-hour chart illustrates a support level at 570.65, which if violated will result in even more drops to 564.25. On the upside, there is a resistance level at 582.47. A further resistance level may holdings at 587.89. The Relative Strength Index (RSI) on the 14-day chart is 74.86, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 34.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.24%. Stochastics %K at 88.13% indicates the stock is a selling.
How much short interest is there in Roper Technologies Inc?
A steep rise in short interest was recorded in Roper Technologies Inc stocks on 2025-01-15, growing by 0.25 million shares to a total of 1.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.98 million shares. There was a rise of 20.48%, which implies that there is a positive sentiment for the stock.
