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International Assets Investment Management LLC Purchases 49,063 Shares of Rockwell Automation, Inc. $ROK

earningsfinancial marketsmanufacturingfinance$ROK$CTAS

International Assets Investment Management LLC significantly increased its stake in Rockwell Automation (NYSE:ROK) by 5,236.2%, adding 49,063 shares to reach a total of 50,000 shares valued at $21.8 million. Despite insider selling activity, analysts generally rate the stock as a "Hold" with an average price target of $468. The company recently surpassed quarterly earnings and revenue estimates, reporting a 7.9% year-over-year revenue growth.

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Source: Alpha VantageRead at MarketBeat

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