PCTEL, Inc. (PCTI)’s Chief Executive Officer David Neumann Invested in 1,000 Shares of the Company; Swedbank Cut By $19.72 Million Its Roper Industries (ROP) Holding

May 16, 2018 - By rebbecca

PCTEL, Inc. (NASDAQ:PCTI) Logo

Swedbank decreased Roper Industries (ROP) stake by 7.7% reported in 2017Q4 SEC filing. Swedbank sold 76,127 shares as Roper Industries (ROP)’s stock rose 6.89%. The Swedbank holds 912,242 shares with $236.27M value, down from 988,369 last quarter. Roper Industries now has $28.61B valuation. The stock decreased 0.40% or $1.11 during the last trading session, reaching $277.36. About 137,541 shares traded. Roper Technologies, Inc. (NYSE:ROP) has risen 35.33% since May 16, 2017 and is uptrending. It has outperformed by 23.78% the S&P500.

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on July, 30. They expect $2.70 EPS, up 20.54% or $0.46 from last year’s $2.24 per share. ROP’s profit will be $278.53M for 25.68 P/E if the $2.70 EPS becomes a reality. After $2.61 actual EPS reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts 3.45% EPS growth.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.32, from 1.28 in 2017Q3. It dived, as 32 investors sold ROP shares while 212 reduced holdings. 62 funds opened positions while 173 raised stakes. 95.52 million shares or 3.45% less from 98.93 million shares in 2017Q3 were reported. Moreover, Ubs Asset Americas Incorporated has 0.06% invested in Roper Technologies, Inc. (NYSE:ROP). Woodstock reported 15,993 shares or 0.76% of all its holdings. Btim Corporation holds 10,611 shares. Ibm Retirement Fund accumulated 2,536 shares. Advisory Rech Inc holds 0.01% or 1,454 shares in its portfolio. Comerica Securities holds 0.03% of its portfolio in Roper Technologies, Inc. (NYSE:ROP) for 821 shares. Moreover, Cornerstone Advsrs has 0.22% invested in Roper Technologies, Inc. (NYSE:ROP) for 7,500 shares. Comerica Bank & Trust holds 0.11% in Roper Technologies, Inc. (NYSE:ROP) or 58,969 shares. Natl Pension Ser stated it has 107,593 shares or 0.14% of all its holdings. Provident Invest Management has 125,357 shares. Ftb Advsr Incorporated invested 0% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). Lpl Fin Ltd Liability reported 5,842 shares. Highland Capital Mngmt Ltd Liability Corp invested in 1,610 shares or 0.03% of the stock. Morgan Stanley accumulated 513,092 shares. First Republic Investment Incorporated has invested 0.26% of its portfolio in Roper Technologies, Inc. (NYSE:ROP).

Swedbank increased Alibaba Group Ho (NYSE:BABA) stake by 246,200 shares to 1.95 million valued at $336.56 million in 2017Q4. It also upped Take (NASDAQ:TTWO) stake by 31,408 shares and now owns 926,208 shares. Synopsys Inc (NASDAQ:SNPS) was raised too.

Among 13 analysts covering Roper Industries Inc. (NYSE:ROP), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Roper Industries Inc. had 56 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, April 12 by RBC Capital Markets. The stock of Roper Technologies, Inc. (NYSE:ROP) has “Sell” rating given on Monday, August 31 by Zacks. On Monday, October 5 the stock rating was maintained by Barclays Capital with “Overweight”. As per Wednesday, July 5, the company rating was maintained by Raymond James. The firm has “Buy” rating by Wells Fargo given on Thursday, January 18. The stock of Roper Technologies, Inc. (NYSE:ROP) earned “Buy” rating by J.P. Morgan on Wednesday, September 20. RBC Capital Markets maintained the shares of ROP in report on Tuesday, October 27 with “Outperform” rating. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, November 25. The firm has “Hold” rating by Robert W. Baird given on Sunday, February 4. The rating was upgraded by Argus Research on Thursday, February 23 to “Buy”.

More important recent Roper Technologies, Inc. (NYSE:ROP) news were published by: Bizjournals.com which released: “Here’s what you need to know about Tampa Bay’s next big public company” on May 15, 2018, also Seekingalpha.com published article titled: “Roper Technologies Comes Through Again”, Globenewswire.com published: “DAT Freight Index: Spot Market Truckload Volume Dips Seasonally in April” on May 11, 2018. More interesting news about Roper Technologies, Inc. (NYSE:ROP) was released by: Globenewswire.com and their article: “Investor Expectations to Drive Momentum within Roper Technologies, Inter Parfums, SunCoke Energy Partners, Aerie …” with publication date: May 03, 2018.

Since December 19, 2017, it had 1 buying transaction, and 6 selling transactions for $102.24 million activity. 74,589 Roper Technologies, Inc. (NYSE:ROP) shares with value of $20.66M were sold by JELLISON BRIAN D. Another trade for 1,000 shares valued at $283,450 was sold by JOHNSON ROBERT D. 500 shares were sold by WRIGHT CHRISTOPHER, worth $141,995 on Wednesday, February 28. On Monday, March 12 the insider WALLMAN RICHARD F bought $141,295.

Among 2 analysts covering PC-TEL (NASDAQ:PCTI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PC-TEL has $9 highest and $6 lowest target. $8.33’s average target is 18.32% above currents $7.04 stock price. PC-TEL had 9 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, August 7, the company rating was downgraded by Zacks. The stock of PCTEL, Inc. (NASDAQ:PCTI) has “Buy” rating given on Wednesday, November 4 by Wunderlich. On Wednesday, August 5 the stock rating was maintained by Wunderlich with “Buy”. Wunderlich maintained it with “Buy” rating and $8.50 target in Thursday, April 13 report. The firm has “Buy” rating by FBR Capital given on Monday, March 12. Wunderlich maintained PCTEL, Inc. (NASDAQ:PCTI) rating on Friday, May 6. Wunderlich has “Buy” rating and $6 target.

A legal form filed with the Washington-based SEC on 14-05-2018 provided information that David Neumann, the Chief Executive Officer of Pc Tel Inc, ‘s company bought 1,000 shares. With average share price of $7.0, the purchase’s worth is $7,020 U.S. Dollars. David now owns 232,927 shares accounting for 1.33% of the Company’s market cap

Analysts await PCTEL, Inc. (NASDAQ:PCTI) to report earnings on August, 14. PCTI’s profit will be $174,749 for 176.00 P/E if the $0.01 EPS becomes a reality. After $-0.03 actual earnings per share reported by PCTEL, Inc. for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Investors sentiment decreased to 1.3 in Q4 2017. Its down 0.14, from 1.44 in 2017Q3. It dropped, as 9 investors sold PCTEL, Inc. shares while 14 reduced holdings. 19 funds opened positions while 11 raised stakes. 13.23 million shares or 3.12% more from 12.83 million shares in 2017Q3 were reported. Dimensional Fund Advsrs Limited Partnership holds 0% or 1.49 million shares. Geode Capital Management Ltd, Massachusetts-based fund reported 87,366 shares. Deprince Race And Zollo Inc reported 247,441 shares stake. Texas-based Bridgeway Cap Mgmt has invested 0.03% in PCTEL, Inc. (NASDAQ:PCTI). 14,347 were reported by Arrowstreet Partnership. Wellington Mgmt Grp Inc Llp invested in 0% or 848,520 shares. North Star Corp invested in 0.12% or 133,063 shares. Perritt Mngmt holds 0.95% or 461,650 shares in its portfolio. Credit Suisse Ag owns 0% invested in PCTEL, Inc. (NASDAQ:PCTI) for 13,927 shares. Millennium Mgmt Limited Liability has 16,047 shares. Ariel Invs Lc has invested 0.2% in PCTEL, Inc. (NASDAQ:PCTI). Deutsche Bancshares Ag has 0% invested in PCTEL, Inc. (NASDAQ:PCTI). 11,006 are held by Raymond James Service Advsr Inc. The United Kingdom-based Barclays Public Ltd Co has invested 0% in PCTEL, Inc. (NASDAQ:PCTI). Panagora Asset Management has 0% invested in PCTEL, Inc. (NASDAQ:PCTI) for 20,825 shares.

More important recent PCTEL, Inc. (NASDAQ:PCTI) news were published by: Seekingalpha.com which released: “PCTEL’s (PCTI) CEO David Neumann on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018, also Businesswire.com published article titled: “PCTEL Unveils 900 MHz MIMO Yagi Antennas for Utilities and Industrial IoT”, Businesswire.com published: “PCTEL to Present at East Coast IDEAS Investor Conference in Boston” on May 01, 2018. More interesting news about PCTEL, Inc. (NASDAQ:PCTI) was released by: Businesswire.com and their article: “PCTEL Schedules First Quarter 2018 Earnings Release” with publication date: April 30, 2018.

The stock decreased 1.06% or $0.08 during the last trading session, reaching $7.04. About 19,691 shares traded. PCTEL, Inc. (NASDAQ:PCTI) has risen 19.36% since May 16, 2017 and is uptrending. It has outperformed by 7.81% the S&P500.

Roper Technologies, Inc. (NYSE:ROP) Institutional Positions Chart