RBC Bearings director Ambrose sells shares for $218555

Director Michael H. Ambrose of RBC Bearings INC (NASDAQ:NYSE:RBC), a $11.66 billion market cap company, sold 595 shares of common stock at a price of $367.32 on June 17, 2025, for a total value of $218555. The stock, which has gained over 35% in the past year, is currently trading at $371.93.

On the same day, Ambrose also acquired 595 shares of RBC Bearings common stock through option exercises. 195 shares were acquired at an exercise price of $287.37, and 400 shares were acquired at an exercise price of $206.19, for a total value of $138513. Additionally, Ambrose gifted 150 shares of common stock at a price of $367.05, for a total value of $55057. According to InvestingPro analysis, RBC Bearings shows strong financial health with a "GOOD" overall rating, though the stock appears overvalued at current levels.

Following these transactions, Ambrose directly owns 6,985 shares of RBC Bearings, which includes 1,384 shares of restricted stock that vest according to a predetermined schedule. He also holds options to purchase additional shares. InvestingPro subscribers can access 12 additional key insights about RBC Bearings, including detailed valuation metrics and comprehensive financial health analysis in the Pro Research Report, helping investors make more informed decisions about this volatile stock (Beta: 1.67).

In other recent news, RBC Bearings reported its fourth-quarter fiscal year 2025 results, which showed a mixed performance. The company exceeded earnings per share (EPS) expectations with $2.83, surpassing the forecast of $2.71. However, revenue slightly missed the mark, coming in at $437.7 million against the anticipated $439.46 million. Despite this, RBC Bearings demonstrated a 5.8% year-over-year sales increase, with the aerospace and defense segments showing robust growth.

Truist Securities has raised its price target for RBC Bearings from $375.00 to $405.00, maintaining a Buy rating. This adjustment reflects the potential for continued gross margin expansion, particularly in the aerospace and defense segments. The company’s management anticipates a 15% year-over-year growth in commercial aerospace for fiscal year 2026, although comprehensive annual guidance was not provided. Truist Securities has also increased its industrial revenue projections for RBC Bearings for fiscal year 2026, acknowledging the company’s track record of market outperformance.

RBC Bearings has reduced its full-year debt by $275 million, improving financial stability. The company has set a first-quarter fiscal year 2026 revenue guidance of $424-$434 million, with an expected gross margin expansion of 50-100 basis points. CEO Michael Hartnett expressed optimism for the upcoming fiscal year, emphasizing significant growth potential in the aerospace and defense sectors.

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