RBC Bearings Incorporated (NASDAQ:ROLL) Director Alan B. Levine sold 4,900 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $115.70, for a total transaction of $566,930.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 

RBC Bearings Incorporated (NASDAQ ROLL) traded up $0.72 during trading on Thursday, reaching $124.36. 55,156 shares of the company’s stock traded hands, compared to its average volume of 91,532. RBC Bearings Incorporated has a 12-month low of $88.70 and a 12-month high of $139.95. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.65 and a current ratio of 4.65. The firm has a market capitalization of $2,961.37, a price-to-earnings ratio of 37.06, a price-to-earnings-growth ratio of 5.31 and a beta of 1.29. 

RBC Bearings (NASDAQ:ROLL) last posted its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.19. RBC Bearings had a net margin of 12.52% and a return on equity of 11.79%. The firm had revenue of $166.86 million during the quarter, compared to analyst estimates of $163.46 million. During the same quarter last year, the business posted $0.73 EPS. The company’s revenue was up 13.8% on a year-over-year basis. analysts predict that RBC Bearings Incorporated will post 3.91 EPS for the current fiscal year. 


A number of institutional investors have recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC boosted its stake in RBC Bearings by 1.3% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,287,621 shares of the industrial products company’s stock worth $286,296,000 after purchasing an additional 29,134 shares during the period. BlackRock Inc. boosted its stake in RBC Bearings by 3.8% in the 4th quarter. BlackRock Inc. now owns 2,066,687 shares of the industrial products company’s stock worth $261,229,000 after purchasing an additional 76,161 shares during the period. Vanguard Group Inc. boosted its stake in RBC Bearings by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 1,817,613 shares of the industrial products company’s stock worth $184,960,000 after purchasing an additional 12,863 shares during the period. Wasatch Advisors Inc. boosted its stake in RBC Bearings by 20.4% in the 4th quarter. Wasatch Advisors Inc. now owns 1,198,672 shares of the industrial products company’s stock worth $151,512,000 after purchasing an additional 203,366 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in RBC Bearings by 3.0% in the 4th quarter. Wells Fargo & Company MN now owns 647,973 shares of the industrial products company’s stock worth $81,904,000 after purchasing an additional 18,871 shares during the period. 98.00% of the stock is owned by hedge funds and other institutional investors. 

Several research firms have issued reports on ROLL. Zacks Investment Research lowered shares of RBC Bearings from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. CL King began coverage on shares of RBC Bearings in a research report on Wednesday, November 29th. They issued a “buy” rating and a $142.00 price target on the stock. ValuEngine lowered shares of RBC Bearings from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub lowered shares of RBC Bearings from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, Drexel Hamilton began coverage on shares of RBC Bearings in a research report on Thursday, December 21st. They issued a “buy” rating and a $140.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $141.00.