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Handelsbanken Fonder AB Purchases 21,886 Shares of Rollins, Inc. $ROL
Handelsbanken Fonder AB has increased its stake in Rollins, Inc. by 30.1%, acquiring an additional 21,886 shares to now hold 94,678 shares valued at approximately $5.56 million. Despite missing Q3 earnings and revenue estimates and trading at a high P/E ratio, analysts have a consensus “Moderate Buy” rating with an average target price of $66.08. Insider activity shows sales by the CEO and Chairman totaling approximately $4.55 million in the last three months, while many other institutional investors have also adjusted their positions.