Littelfuse VP Nayar Deepak Sells 2,309 Shares (LFUS)
Littelfuse (NASDAQ:LFUS) VP Nayar Deepak sold 2,309 shares of Littelfuse stock on the open market in a transaction dated Monday, February 10th. The stock was sold at an average price of $90.00, for a total value of $207,810.00. Following the sale, the vice president now directly owns 7,306 shares of the company’s stock, valued at approximately $657,540. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Jefferson Research upgraded shares of Littelfuse from a “hold” rating to a “buy” rating in a research note on Friday, January 3rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $84.43.
Littelfuse (NASDAQ:LFUS) traded up 0.34% during mid-day trading on Tuesday, hitting $90.43. The stock had a trading volume of 48,919 shares. Littelfuse has a 1-year low of $62.92 and a 1-year high of $94.83. The stock’s 50-day moving average is $91.73 and its 200-day moving average is $83.5. The company has a market cap of $2.032 billion and a P/E ratio of 22.89.
Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, February 5th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.05. The company had revenue of $198.10 million for the quarter, compared to the consensus estimate of $191.35 million. During the same quarter in the previous year, the company posted $0.81 earnings per share. The company’s revenue for the quarter was up 24.7% on a year-over-year basis. On average, analysts predict that Littelfuse will post $4.82 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 6th. Investors of record on Wednesday, February 19th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Friday, February 14th.
Littelfuse, Inc and its subsidiaries (NASDAQ:LFUS), is a supplier of circuit protection products for the electronics, automotive and electrical industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.