Littelfuse VP Unloads $417,780 in Stock (LFUS)
Littelfuse (NASDAQ:LFUS) VP Ryan K. Stafford sold 4,400 shares of the company’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $94.95, for a total transaction of $417,780.00. Following the transaction, the vice president now directly owns 13,893 shares of the company’s stock, valued at approximately $1,319,140. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Littelfuse (NASDAQ:LFUS) traded up 1.42% on Thursday, hitting $96.91. 62,715 shares of the company’s stock traded hands. Littelfuse has a one year low of $72.86 and a one year high of $99.46. The stock’s 50-day moving average is $89.73 and its 200-day moving average is $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 released its earnings data 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.
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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