RBC Bearings Incorporated (NASDAQ:ROLL) insider Michael J. Hartnett sold 10,179 shares of the firm’s stock in a transaction dated Tuesday, July 10th. The shares were sold at an average price of $134.27, for a total transaction of $1,366,734.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

On Monday, July 9th, Michael J. Hartnett sold 5,400 shares of RBC Bearings stock. The shares were sold at an average price of $134.90, for a total transaction of $728,460.00.
On Monday, July 2nd, Michael J. Hartnett sold 4,325 shares of RBC Bearings stock. The shares were sold at an average price of $128.06, for a total transaction of $553,859.50.
On Friday, June 29th, Michael J. Hartnett sold 3,600 shares of RBC Bearings stock. The shares were sold at an average price of $129.66, for a total transaction of $466,776.00.
On Monday, June 11th, Michael J. Hartnett sold 10,810 shares of RBC Bearings stock. The shares were sold at an average price of $130.88, for a total transaction of $1,414,812.80.
On Wednesday, June 13th, Michael J. Hartnett sold 22,870 shares of RBC Bearings stock. The shares were sold at an average price of $130.04, for a total transaction of $2,974,014.80.
On Thursday, June 7th, Michael J. Hartnett sold 8,000 shares of RBC Bearings stock. The shares were sold at an average price of $132.02, for a total transaction of $1,056,160.00.
On Friday, June 8th, Michael J. Hartnett sold 37,900 shares of RBC Bearings stock. The shares were sold at an average price of $130.21, for a total transaction of $4,934,959.00.

RBC Bearings opened at $141.61 on Thursday, according to Marketbeat.com. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.69 and a current ratio of 4.60. RBC Bearings Incorporated has a 1-year low of $101.08 and a 1-year high of $143.62. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 35.68, a price-to-earnings-growth ratio of 5.06 and a beta of 1.34.

RBC Bearings (NASDAQ:ROLL) last released its earnings results on Wednesday, May 30th. The industrial products company reported $1.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.05). RBC Bearings had a return on equity of 11.96% and a net margin of 12.91%. The business had revenue of $179.90 million during the quarter, compared to analysts’ expectations of $175.57 million. During the same period last year, the business earned $0.90 earnings per share. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. sell-side analysts forecast that RBC Bearings Incorporated will post 4.65 EPS for the current fiscal year.

ROLL has been the topic of a number of research reports. BidaskClub raised shares of RBC Bearings from a “hold” rating to a “buy” rating in a research note on Saturday, July 21st. SunTrust Banks initiated coverage on shares of RBC Bearings in a research note on Wednesday, June 20th. They issued a “hold” rating and a $133.00 target price on the stock. Finally, William Blair reissued an “outperform” rating on shares of RBC Bearings in a research note on Thursday, May 31st. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $139.40.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BB&T Securities LLC increased its holdings in shares of RBC Bearings by 3.8% during the 1st quarter. BB&T Securities LLC now owns 11,439 shares of the industrial products company’s stock worth $1,420,000 after buying an additional 418 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of RBC Bearings by 4.4% during the 1st quarter. Hsbc Holdings PLC now owns 10,708 shares of the industrial products company’s stock worth $1,330,000 after buying an additional 450 shares during the last quarter. Amalgamated Bank increased its holdings in shares of RBC Bearings by 15.4% during the 2nd quarter. Amalgamated Bank now owns 3,607 shares of the industrial products company’s stock worth $465,000 after buying an additional 481 shares during the last quarter. Confluence Investment Management LLC increased its holdings in shares of RBC Bearings by 2.0% during the 2nd quarter. Confluence Investment Management LLC now owns 25,901 shares of the industrial products company’s stock worth $3,336,000 after buying an additional 514 shares during the last quarter. Finally, Swiss National Bank increased its holdings in shares of RBC Bearings by 1.4% during the 1st quarter. Swiss National Bank now owns 42,290 shares of the industrial products company’s stock worth $5,252,000 after buying an additional 600 shares during the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.