RBC Bearings, headquartered in Oxford, Connecticut, designs and manufactures precision bearings for aerospace, defense, and industrial markets, employing 5,302 people since its IPO in 2005. The company focuses on highly technical and regulated products across various applications.
Michael H Ambrose sold 1,700 shares of RBC on 10 June at $381.05 per share, worth a total of $648K. They now own 7,135 RBC shares, or a 19% holding decrease.
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