Littelfuse Insider Unloads $95,000 in Stock (LFUS)
Littelfuse (NASDAQ:LFUS) Insider Mary S. Muchoney sold 1,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $95.00, for a total value of $95,000.00. Following the completion of the sale, the insider now directly owns 4,802 shares in the company, valued at approximately $456,190. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Littelfuse (NASDAQ:LFUS) traded up 1.42% during mid-day trading on Thursday, hitting $96.91. The stock had a trading volume of 62,715 shares. Littelfuse has a 1-year low of $72.86 and a 1-year high of $99.46. The stock has a 50-day moving average of $89.73 and a 200-day moving average of $91.96. The company has a market cap of $2.181 billion and a price-to-earnings ratio of 21.04.
Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.95 earnings per share. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. Analysts expect that Littelfuse will post $5.00 EPS for the current fiscal year.
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.
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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