Values First Advisors Inc. Has $1.30 Million Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

Values First Advisors Inc. decreased its stake in Roper Technologies, Inc. (NYSE:ROP) by 4.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,495 shares of the industrial products company’s stock after selling 103 shares during the quarter. Values First Advisors Inc.’s holdings in Roper Technologies were worth $1,297,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Ledyard National Bank lifted its holdings in shares of Roper Technologies by 2.1% in the third quarter. Ledyard National Bank now owns 896 shares of the industrial products company’s stock valued at $499,000 after purchasing an additional 18 shares in the last quarter. Meridian Financial Partners LLC lifted its stake in Roper Technologies by 1.0% in the 4th quarter. Meridian Financial Partners LLC now owns 2,052 shares of the industrial products company’s stock worth $1,067,000 after acquiring an additional 20 shares in the last quarter. Cromwell Holdings LLC boosted its position in Roper Technologies by 6.8% during the 3rd quarter. Cromwell Holdings LLC now owns 332 shares of the industrial products company’s stock worth $185,000 after acquiring an additional 21 shares during the period. Hibernia Wealth Partners LLC grew its stake in Roper Technologies by 4.2% during the 3rd quarter. Hibernia Wealth Partners LLC now owns 522 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 21 shares in the last quarter. Finally, Ballast Advisors LLC increased its holdings in shares of Roper Technologies by 1.3% in the 3rd quarter. Ballast Advisors LLC now owns 1,656 shares of the industrial products company’s stock valued at $921,000 after purchasing an additional 21 shares during the period. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Roper Technologies Stock Up 1.2 %

Shares of ROP stock opened at $581.35 on Wednesday. The stock’s 50 day simple moving average is $537.88 and its 200 day simple moving average is $545.61. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $584.43. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The company has a market capitalization of $62.34 billion, a price-to-earnings ratio of 40.54, a PEG ratio of 2.78 and a beta of 1.05.

Insider Transactions at Roper Technologies

In other news, Director Richard F. Wallman sold 351 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $575.25, for a total transaction of $201,912.75. Following the completion of the transaction, the director now directly owns 20,187 shares in the company, valued at $11,612,571.75. The trade was a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jason Conley sold 3,000 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $578.05, for a total transaction of $1,734,150.00. Following the completion of the sale, the chief financial officer now owns 31,522 shares in the company, valued at approximately $18,221,292.10. The trade was a 8.69 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,101 shares of company stock worth $2,947,475. 0.87% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on ROP shares. JPMorgan Chase & Co. raised their price target on shares of Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. Barclays lowered their price target on shares of Roper Technologies from $569.00 to $562.00 and set an “underweight” rating on the stock in a report on Wednesday, January 8th. Robert W. Baird upped their price target on shares of Roper Technologies from $635.00 to $652.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Truist Financial reissued a “buy” rating and set a $675.00 price objective (up previously from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. Finally, TD Cowen raised Roper Technologies from a “hold” rating to a “buy” rating and upped their target price for the stock from $535.00 to $615.00 in a research report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Roper Technologies has a consensus rating of “Moderate Buy” and an average target price of $622.30.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.