Jupiter Topco LLC Purchases New Shares in RBC Bearings Incorporated $ROLL

Jupiter Topco LLC purchased a new position in RBC Bearings Incorporated (NASDAQ:ROLL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,648 shares of the company’s stock, valued at approximately $10,072,000. Jupiter Topco LLC owned 0.05% of RBC Bearings as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. C M Bidwell & Associates Ltd. bought a new position in shares of RBC Bearings during the second quarter valued at $25,000. Quantbot Technologies LP bought a new position in RBC Bearings in the second quarter worth approximately $27,000. Danske Bank A S purchased a new position in RBC Bearings during the second quarter valued at $39,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of RBC Bearings during the 2nd quarter valued at about $53,000. Finally, Osterweis Capital Management Inc. bought a new position in shares of RBC Bearings in the second quarter worth approximately $64,000.

RBC Bearings Price Performance

Shares of ROLL opened at $500.62 on Monday. The firm has a market cap of $14.48 billion, a P/E ratio of 243.02 and a beta of 1.34. The company has a 50 day simple moving average of $577.76 and a two-hundred day simple moving average of $575.48. RBC Bearings Incorporated has a 1 year low of $152.90 and a 1 year high of $264.94.

RBC Bearings Company Profile

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.