A Director at RBC Bearings Inc is Exercising Options


Today, a Director at RBC Bearings Inc, Richard R. Crowell, exercised options of RBC Bearings Inc (NASDAQ: ROLL) for $272.4K.

Following Richard R. Crowell’s last ROLL Sell transaction on December 15, 2016, the stock climbed by 37.6%. In addition to Richard R. Crowell, 2 other ROLL executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on RBC Bearings Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $180 million and quarterly net profit of $26.68 million. In comparison, last year the company earned revenue of $160 million and had a net profit of $21.59 million. ROLL’s market cap is $3.14B and the company has a P/E ratio of 36.44. Currently, RBC Bearings Inc has an average volume of 118.4K.

The insider sentiment on RBC Bearings Inc has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Richard R. Crowell’s trades have generated a -1.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

RBC Bearings, Inc. designs, manufactures and markets precision bearings and components for the industrial, defense and aerospace industries. The firm operates its business through the following segments: Plain Bearings, Roller Bearings, Ball Bearings and Engineered Products.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts