Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Roper Industries Inc. (NYSE:ROP).
SEC data indicate that these institutions significantly increased their stock shares of Roper Industries Inc. in Q3 2011:
- ARTISAN PARTNERS LIMITED PARTNERSHIP: On 06/30/2011, held 0 shares. On 09/30/2011, held 3,473,007 shares, worth $238,942,882.
- CALAMOS ADVISORS LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 540,000 shares, worth $37,152,000.
- UNITED STATES STEEL & CARNEGIE PENSION FD: On 06/30/2011, held 0 shares. On 09/30/2011, held 375,000 shares, worth $25,800,000.
- EAGLE ASSET MANAGEMENT INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 360,849 shares, worth $24,826,411.
About the company: Roper Industries, Inc. manufactures industrial controls, fluid handling, and analytical instrumentation products worldwide. Roper serves selected segments of a broad range of markets such as oil & gas, scientific research, medical diagnostics, semiconductor, refrigeration, automotive, water and wastewater, power generation, agricultural irrigation, and other niche industries.
Competitors to Watch: Danaher Corporation (NYSE:DHR), ESCO Technologies Inc. (NYSE:ESE), AMETEK, Inc. (NYSE:AME), Emerson Electric Co. (NYSE:EMR), General Electric (NYSE:GE), Badger Meter, Inc. (NYSE:BMI), Cognex Corporation (NASDAQ:CGNX), Luna Innovations Inc. (NASDAQ:LUNA), Hurco Companies, Inc. (NASDAQ:HURC), Electro-Sensors, Inc. (NASDAQ:ELSE), and Schmitt Industries, Inc. (NASDAQ:SMIT).
(Note: Data regarding Roper Industries Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)
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