New insider activity at RBC Bearings ( (RBC) ) has taken place on February 6, 2025.
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Recent transactions in RBC Bearings stock have seen notable sales by company executives. VP HR Dolores Ennico sold 1,400 shares, totaling $514,374. VP & COO Daniel Bergeron made a significant sale of 17,500 shares, amounting to $6,395,200. Additionally, Director Michael H. Ambrose sold 400 shares for $145,152.
Recent Updates on RBC stock
In the last 24 hours, RBC Bearings has seen its stock price targets raised by several firms due to strong financial performance and positive growth prospects. Morgan Stanley increased its price target, citing strong management execution and expanded gross margins, alongside a robust organic growth pipeline. Truist raised its target following a Q4 earnings beat, noting re-accelerating industrial growth and optimistic prospects for commercial aerospace growth as production rates recover. KeyBanc also increased its target, highlighting bullish commentary on growth prospects in Aerospace, Defense, and Industrial sectors, supported by its internal survey results. These developments reflect confidence in RBC Bearings’ potential for growth and margin expansion.
More about RBC Bearings
YTD Price Performance: 23.84%
Average Trading Volume: 175,292
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.6B