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Teacher Retirement System of Texas Has $56.38 Million Stock Holdings in Ross Stores, Inc. $ROST
The Teacher Retirement System of Texas significantly increased its stake in Ross Stores (NASDAQ:ROST) by 53.3% in the fourth quarter, now owning 312,974 shares valued at $56.38 million. This comes despite recent insider stock sales by COO Michael Hartshorn and CMO Karen Sykes, totaling over $5.5 million. Ross Stores reported strong earnings, beating analyst expectations with $2.00 EPS and $6.64 billion in revenue, and analysts maintain a “Moderate Buy” rating with an average target price of $208.29.