Large Outflow of Money Witnessed in Roper Technologies

Roper Technologies (ROP) : Money flow in the Roper Technologies (ROP) stock was negative (6.53 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $22.83 million, compared to $29.35 million on downticks. The total uptick to downtick ratio was 0.78, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($10.36 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $10.36 million, indicating persistent selling. Roper Technologies (ROP) traded $3.16 higher at $180.71 gaining 1.78% over the previous days close.


The company Insiders own 2.5% of Roper Technologies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.04% . Institutional Investors own 94.75% of Roper Technologies shares. During last six month period, the net percent change held by insiders has seen a change of -2.97%.

In a related news, Johnson Robert D, director of Roper Technologies Inc, unloaded 1,400 shares at an average price of $173.41 on August 16, 2016. The total amount of the transaction was worth $242,774, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Roper Technologies (NYSE:ROP): The stock opened at $181.08 and touched an intraday high of $182.24 on Friday. During the day, the stock corrected to an intraday low of $180.71, however, the bulls stepped in and pushed the price higher to close in the green at $182.15 with a gain of 0.80% for the day. The total traded volume for the day was 383,732. The stock had closed at $180.71 in the previous trading session.

Roper Technologies (ROP) : Traders are bullish on Roper Technologies (ROP) as it has outperformed the S&P 500 by a wide margin of 6.84% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.45% in the last 1 week, and is up 6.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Roper Technologies, Inc. (Roper), formerly Roper Industries, Inc., is a diversified technology company. The Company operates in four segments, including Medical and Scientific Imaging segment, which offers products and software in medical applications and digital imaging products; RF Technology segment, which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology segment, which produces fluid handling pumps, materials analysis equipment and consumables, leak testing equipment, flow measurement and metering equipment and water meter and automatic meter reading products and systems, and Energy Systems and Controls segment, which produces control systems, fluid properties testing equipment, industrial valves and controls, vibration sensors and controls, and non-destructive inspection and measurement products and solutions.

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