Littelfuse CFO Sells $547,260 in Stock (LFUS)
Littelfuse (NASDAQ:LFUS) CFO Philip Franklin sold 7,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $78.18, for a total transaction of $547,260.00. Following the completion of the sale, the chief financial officer now directly owns 47,475 shares in the company. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Zacks downgraded shares of Littelfuse (NASDAQ:LFUS) from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, August 5th. They now have a $86.30 price target on the stock.
Shares of Littelfuse (NASDAQ:LFUS) traded up 1.00% on Tuesday, hitting $78.48. The stock had a trading volume of 64,483 shares. Littelfuse has a 1-year low of $47.75 and a 1-year high of $83.79. The stock’s 50-day moving average is $78.05 and its 200-day moving average is $73.52. The company has a market cap of $1.756 billion and a P/E ratio of 22.73.
Littelfuse (NASDAQ:LFUS) last released its earnings data on Wednesday, July 31st. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.03. The company had revenue of $187.77 million for the quarter, compared to the consensus estimate of $187.36 million. During the same quarter in the previous year, the company posted $1.07 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, analysts predict that Littelfuse will post $4.36 earnings per share for the current fiscal year.
Littelfuse, Inc and its subsidiaries (NASDAQ:LFUS), is a supplier of circuit protection products for the electronics, automotive and electrical industries.
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