On September 13, 2024, Robert Johnson, Director at Roper Technologies Inc (ROP, Financial), sold 750 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 5,159 shares of Roper Technologies Inc.
Roper Technologies Inc (ROP, Financial) is a diversified technology company that engages in the design, development, manufacture, and distribution of medical and scientific imaging products, software, and services. The company also provides radio frequency products, services, and application software, as well as industrial technology products.
Over the past year, Robert Johnson has sold a total of 1,140 shares of Roper Technologies Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 10 insider sells and no insider buys over the past year.
On the day of the sale, shares of Roper Technologies Inc were trading at $553.78. The company has a market cap of approximately $59.16 billion. The price-earnings ratio of the stock stands at 40.88, which is above both the industry median of 26.135 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Roper Technologies Inc is $576.54 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.96. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics, including its price-earnings ratio and GF Value.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
