Have Roper Technologies Insiders Been Selling Stock?

We wouldn't blame Roper Technologies, Inc. (NASDAQ:ROP) shareholders if they were a little worried about the fact that Richard Wallman, the Independent Director recently netted about US$1.3m selling shares at an average price of US$549. However, that sale only accounted for 7.3% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for Roper Technologies

The Last 12 Months Of Insider Transactions At Roper Technologies

The Executive VP & CFO, Jason Conley, made the biggest insider sale in the last 12 months. That single transaction was for US$2.0m worth of shares at a price of US$563 each. So what is clear is that an insider saw fit to sell at around the current price of US$549. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Roper Technologies insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Roper Technologies insiders own 0.4% of the company, currently worth about US$233m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Roper Technologies Insiders?

Insiders sold Roper Technologies shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. But it is good to see that Roper Technologies is growing earnings. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 2 warning signs with Roper Technologies and understanding them should be part of your investment process.

Of course Roper Technologies may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.