400 Shares in RBC Bearings Incorporated (NASDAQ:ROLLP) Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC bought a new stake in RBC Bearings Incorporated (NASDAQ:ROLLPGet Rating) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 400 shares of the company’s stock, valued at approximately $40,000.

Separately, SG Americas Securities LLC bought a new position in RBC Bearings in the first quarter valued at $3,291,000.

Insider Activity

In other news, Director Steven H. Kaplan sold 400 shares of RBC Bearings stock in a transaction dated Tuesday, July 12th. The shares were sold at an average price of $200.05, for a total value of $80,020.00. Following the completion of the transaction, the director now owns 7,500 shares of the company’s stock, valued at approximately $1,500,375. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Alan B. Levine sold 1,600 shares of RBC Bearings stock in a transaction dated Tuesday, July 19th. The shares were sold at an average price of $211.00, for a total transaction of $337,600.00. Following the completion of the sale, the director now owns 20,027 shares of the company’s stock, valued at approximately $4,225,697. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven H. Kaplan sold 400 shares of RBC Bearings stock in a transaction dated Tuesday, July 12th. The stock was sold at an average price of $200.05, for a total transaction of $80,020.00. Following the completion of the sale, the director now owns 7,500 shares of the company’s stock, valued at approximately $1,500,375. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock valued at $2,408,320 in the last quarter.

RBC Bearings Stock Down 6.5 %

RBC Bearings stock opened at $113.17 on Friday. The company has a fifty day simple moving average of $101.38. RBC Bearings Incorporated has a 1-year low of $81.01 and a 1-year high of $126.88.

RBC Bearings Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 1st were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend was Thursday, June 30th.

RBC Bearings Profile

(Get Rating)

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.

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Institutional Ownership by Quarter for RBC Bearings (NASDAQ:ROLLP)

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