RBC Bearings Incorporated (NASDAQ:ROLL) CEO Michael J. Hartnett sold 3,203 shares of the business’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $128.35, for a total transaction of $411,105.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 

Michael J. Hartnett also recently made the following trade(s): 

•On Friday, March 9th, Michael J. Hartnett sold 24,218 shares of RBC Bearings stock. The stock was sold at an average price of $128.02, for a total transaction of $3,100,388.36. 
•On Monday, March 12th, Michael J. Hartnett sold 27,421 shares of RBC Bearings stock. The shares were sold at an average price of $128.06, for a total transaction of $3,511,533.26. 
•On Friday, December 29th, Michael J. Hartnett sold 500 shares of RBC Bearings stock. The shares were sold at an average price of $128.00, for a total transaction of $64,000.00. 
RBC Bearings stock traded down $0.48 during trading hours on Thursday, reaching $126.83. 45,253 shares of the company’s stock traded hands, compared to its average volume of 85,661. The company has a quick ratio of 1.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.23. The firm has a market cap of $3,096.91, a price-to-earnings ratio of 37.28, a price-to-earnings-growth ratio of 5.56 and a beta of 1.29. RBC Bearings Incorporated has a 12 month low of $90.00 and a 12 month high of $139.95. 

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

A number of large investors have recently bought and sold shares of ROLL. Nationwide Fund Advisors boosted its holdings in RBC Bearings by 5.8% in the 3rd quarter. Nationwide Fund Advisors now owns 177,286 shares of the industrial products company’s stock valued at $22,187,000 after purchasing an additional 9,680 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of RBC Bearings by 33.2% in the 3rd quarter. Prudential Financial Inc. now owns 3,514 shares of the industrial products company’s stock worth $440,000 after acquiring an additional 876 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of RBC Bearings by 10.2% in the 3rd quarter. Principal Financial Group Inc. now owns 11,817 shares of the industrial products company’s stock worth $1,479,000 after acquiring an additional 1,090 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in shares of RBC Bearings by 14.2% in the 3rd quarter. New York State Common Retirement Fund now owns 39,782 shares of the industrial products company’s stock worth $4,979,000 after acquiring an additional 4,942 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of RBC Bearings by 2.3% in the 3rd quarter. Rhumbline Advisers now owns 31,199 shares of the industrial products company’s stock worth $3,905,000 after acquiring an additional 694 shares during the last quarter. Institutional investors own 99.41% of the company’s stock. 

Several analysts recently issued reports on the stock. BidaskClub raised shares of RBC Bearings from a “sell” rating to a “hold” rating in a research note on Wednesday, March 14th. CL King assumed coverage on shares of RBC Bearings in a research note on Wednesday, November 29th. They set a “buy” rating and a $142.00 price objective for the company. Zacks Investment Research cut shares of RBC Bearings from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. ValuEngine cut shares of RBC Bearings from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Drexel Hamilton assumed coverage on shares of RBC Bearings in a research note on Thursday, December 21st. They set a “buy” rating and a $140.00 price objective for the company. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $141.00.