1,809 Shares in Roper Technologies, Inc. (NYSE:ROP) Acquired by Roxbury Financial LLC

Roxbury Financial LLC purchased a new position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,809 shares of the industrial products company's stock, valued at approximately $1,025,000. Roper Technologies makes up approximately 1.0% of Roxbury Financial LLC's holdings, making the stock its 29th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROP. Fortitude Family Office LLC bought a new stake in Roper Technologies in the third quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Roper Technologies by 7,500.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company's stock worth $40,000 after acquiring an additional 75 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Roper Technologies during the fourth quarter worth about $45,000. Ameliora Wealth Management Ltd. acquired a new position in shares of Roper Technologies in the 4th quarter valued at approximately $49,000. Finally, Global Wealth Strategies & Associates increased its stake in Roper Technologies by 49.3% during the 4th quarter. Global Wealth Strategies & Associates now owns 100 shares of the industrial products company's stock worth $52,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 93.31% of the company's stock.

Insider Activity at Roper Technologies

In other Roper Technologies news, Director Richard F. Wallman sold 351 shares of the 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 transaction, the director now directly owns 20,187 shares in the company, valued at approximately $11,612,571.75. This represents a 1.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jason Conley sold 3,000 shares of Roper Technologies stock in a transaction on Friday, January 31st. The shares were 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 of the company's stock, valued at $18,221,292.10. This represents a 8.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,101 shares of company stock valued at $2,947,475 in the last 90 days. 0.87% of the stock is owned by corporate insiders.

Roper Technologies Price Performance

Shares of Roper Technologies stock traded up $4.51 during trading on Wednesday, reaching $577.04. 477,980 shares of the company's stock were exchanged, compared to its average volume of 658,706. The company has a market cap of $61.88 billion, a P/E ratio of 40.24, a PEG ratio of 2.74 and a beta of 1.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. Roper Technologies, Inc. has a 1-year low of $499.47 and a 1-year high of $584.43. The firm's 50-day moving average price is $539.96 and its 200 day moving average price is $546.84.

Analyst Upgrades and Downgrades

ROP has been the topic of a number of research analyst reports. Raymond James restated a "strong-buy" rating and set a $655.00 price objective (up from $620.00) on shares of Roper Technologies in a report on Friday, January 31st. Barclays cut their target price on Roper Technologies from $569.00 to $562.00 and set an "underweight" rating on the stock in a research note on Wednesday, January 8th. TD Cowen raised shares of Roper Technologies from a "hold" rating to a "buy" rating and raised their price target for the stock from $535.00 to $615.00 in a research note on Tuesday, January 28th. JPMorgan Chase & Co. boosted their price objective on shares of Roper Technologies from $539.00 to $558.00 and gave the stock a "neutral" rating in a research report on Friday, January 31st. Finally, Truist Financial reaffirmed a "buy" rating and issued a $675.00 target price (up previously from $665.00) on shares of Roper Technologies in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Roper Technologies currently has an average 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.