RBC Bearings Incorporated (NASDAQ:ROLL) CFO Daniel A. Bergeron sold 20,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $124.03, for a total transaction of $2,480,600.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

RBC Bearings Incorporated (NASDAQ:ROLL) traded up $3.53 on Friday, reaching $128.00. The company had a trading volume of 120,949 shares, compared to its average volume of 78,794. The company has a market capitalization of $3,108.99, a PE ratio of 37.87, a PEG ratio of 5.58 and a beta of 1.29. The company has a current ratio of 4.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.23. RBC Bearings Incorporated has a 1-year low of $88.70 and a 1-year high of $139.95.

RBC Bearings (NASDAQ:ROLL) last released its earnings results on Tuesday, February 6th. The industrial products company reported $1.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.19. The business had revenue of $166.86 million for the quarter, compared to analysts’ expectations of $163.46 million. RBC Bearings had a return on equity of 11.79% and a net margin of 12.52%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 earnings per share. equities research analysts predict that RBC Bearings Incorporated will post 3.91 EPS for the current year.

 A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wasatch Advisors Inc. boosted its position in RBC Bearings by 20.4% during the fourth quarter. Wasatch Advisors Inc. now owns 1,198,672 shares of the industrial products company’s stock valued at $151,512,000 after buying an additional 203,366 shares during the period. BlackRock Inc. boosted its position in RBC Bearings by 3.8% during the fourth quarter. BlackRock Inc. now owns 2,066,687 shares of the industrial products company’s stock valued at $261,229,000 after buying an additional 76,161 shares during the period. Port Capital LLC purchased a new stake in RBC Bearings during the fourth quarter valued at about $9,544,000. Cortina Asset Management LLC purchased a new stake in RBC Bearings during the fourth quarter valued at about $9,120,000. Finally, Goldman Sachs Group Inc. boosted its position in RBC Bearings by 22.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 352,148 shares of the industrial products company’s stock valued at $44,511,000 after buying an additional 64,511 shares during the period. 99.08% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on ROLL shares. CL King started coverage on shares of RBC Bearings in a report on Wednesday, November 29th. They issued a “buy” rating and a $142.00 price target on the stock. ValuEngine cut shares of RBC Bearings from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub cut shares of RBC Bearings from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 6th. Drexel Hamilton started coverage on shares of RBC Bearings in a report on Thursday, December 21st. They issued a “buy” rating and a $140.00 price target on the stock. Finally, Zacks Investment Research raised RBC Bearings from a “hold” rating to a “buy” rating and set a $141.00 target price on the stock in a research note on Monday, January 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $141.00.