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Munich Reinsurance Co Stock Corp in Munich Lowers Stake in Roper Technologies, Inc. $ROP
Munich Reinsurance Co Stock Corp in Munich has reduced its stake in Roper Technologies, Inc. (NASDAQ:ROP) by 22.9% in the fourth quarter, selling 17,346 shares and owning 58,376 shares valued at $26.275 million. Other institutional investors have also adjusted their positions, and insider activity shows Director Thomas Patrick Joyce, Jr. purchased 1,400 shares. Roper Technologies reported strong Q1 earnings, beating estimates and raising guidance, with positive analyst sentiment including a price target increase from Robert W. Baird.