Insider Selling: Littelfuse Insider Unloads 1,899 Shares of Stock (LFUS)
Littelfuse (NASDAQ:LFUS) Insider Mary S. Muchoney sold 1,899 shares of the stock on the open market in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $85.50, for a total transaction of $162,364.50. Following the completion of the sale, the insider now directly owns 5,802 shares in the company, valued at approximately $496,071. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Robert W. Baird raised their price target on shares of Littelfuse from $94.00 to $99.00 in a research note on Friday, April 11th.
Shares of Littelfuse (NASDAQ:LFUS) traded up 1.66% on Friday, hitting $90.53. 92,789 shares of the company’s stock traded hands. Littelfuse has a 1-year low of $70.92 and a 1-year high of $99.46. The stock’s 50-day moving average is $90.38 and its 200-day moving average is $91.20. The company has a market cap of $2.038 billion and a P/E ratio of 19.61.
Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.06 by $0.10. The company had revenue of $206.90 million for the quarter, compared to the consensus estimate of $202.14 million. During the same quarter last year, the company posted $0.95 earnings per share. Littelfuse’s revenue was up 21.1% compared to the same quarter last year. Analysts expect that Littelfuse will post $5.00 EPS 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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