Centaurus Financial Inc. Buys Shares of 5,525 RBC Bearings Incorporated $ROLL

Centaurus Financial Inc. purchased a new stake in shares of RBC Bearings Incorporated (NASDAQ:ROLL) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,525 shares of the company’s stock, valued at approximately $3,558,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROLL. C M Bidwell & Associates Ltd. purchased a new position in RBC Bearings during the second quarter valued at approximately $25,000. Quantbot Technologies LP purchased a new stake in RBC Bearings in the 2nd quarter worth approximately $27,000. Danske Bank A S purchased a new stake in RBC Bearings in the 2nd quarter worth approximately $39,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in RBC Bearings in the 2nd quarter valued at $53,000. Finally, Osterweis Capital Management Inc. bought a new position in RBC Bearings in the 2nd quarter valued at $64,000.

RBC Bearings Stock Performance

Shares of ROLL stock opened at $513.95 on Friday. The company has a market capitalization of $14.87 billion, a PE ratio of 249.49 and a beta of 1.34. RBC Bearings Incorporated has a 52-week low of $152.90 and a 52-week high of $264.94. The business’s fifty day moving average is $580.36 and its 200 day moving average is $575.73.

RBC Bearings Company Profile

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.