Roper Technologies, Inc. (NYSE:ROP) Director Laura G. Thatcher sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $235.47, for a total transaction of $235,470.00. Following the sale, the director now directly owns 11,000 shares of the company’s stock, valued at approximately $2,590,170. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Roper Technologies, Inc. (ROP) opened at 237.83 on Friday. Roper Technologies, Inc. has a one year low of $167.50 and a one year high of $238.49. The company has a 50-day moving average of $232.67 and a 200 day moving average of $223.96. The stock has a market cap of $24.31 billion, a PE ratio of 35.61 and a beta of 1.05.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings results on Monday, July 31st. The industrial products company reported $2.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.22 by $0.02. Roper Technologies had a net margin of 16.44% and a return on equity of 13.66%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the business posted $1.56 EPS. Roper Technologies’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, analysts predict that Roper Technologies, Inc. will post $9.28 earnings per share for the current year.

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Several equities research analysts recently weighed in on ROP shares. Raymond James Financial, Inc. raised their price target on shares of Roper Technologies from $253.00 to $268.00 in a research report on Wednesday, July 5th. Zacks Investment Research raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $260.00 price target for the company in a research report on Tuesday, August 1st. BidaskClub downgraded shares of Roper Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Royal Bank Of Canada reissued a “buy” rating and set a $248.00 price target on shares of Roper Technologies in a research report on Wednesday, July 12th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $242.00 price target on shares of Roper Technologies in a research report on Friday, July 7th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $238.42.

Institutional investors have recently modified their holdings of the business. Parallel Advisors LLC increased its stake in shares of Roper Technologies by 26.8% in the second quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock worth $117,000 after acquiring an additional 106 shares during the period. Independent Portfolio Consultants Inc. increased its stake in shares of Roper Technologies by 164.7% in the second quarter. Independent Portfolio Consultants Inc. now owns 503 shares of the industrial products company’s stock worth $116,000 after acquiring an additional 313 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Roper Technologies by 34.8% in the second quarter. Tower Research Capital LLC TRC now owns 589 shares of the industrial products company’s stock worth $136,000 after acquiring an additional 152 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Roper Technologies by 9.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 618 shares of the industrial products company’s stock worth $129,000 after acquiring an additional 51 shares during the period. Finally, Sun Life Financial INC increased its stake in shares of Roper Technologies by 6,690.9% in the second quarter. Sun Life Financial INC now owns 747 shares of the industrial products company’s stock worth $173,000 after acquiring an additional 736 shares during the period. Institutional investors and hedge funds own 94.35% of the company’s stock.

About Roper Technologies

Insider Buying and Selling by Quarter for Roper Technologies (NYSE:ROP)

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