Sensata Technologies Holding Director Thomas Wroe, Jr. Sells 60,000 Shares (ST)
Sensata Technologies Holding (NYSE:ST) Director Thomas Wroe, Jr. sold 60,000 shares of the company’s stock on the open market in a transaction dated Thursday, July 31st. The shares were sold at an average price of $46.42, for a total transaction of $2,785,200.00. Following the completion of the sale, the director now directly owns 90,785 shares of the company’s stock, valued at approximately $4,214,240. The sale was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Sensata Technologies Holding in a research note on Wednesday. They now have a $59.00 price target on the stock, up previously from $54.00. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Sensata Technologies Holding in a research note on Wednesday. They now have a $50.00 price target on the stock, up previously from $44.00. Finally, analysts at RBC Capital raised their price target on shares of Sensata Technologies Holding from $47.00 to $50.00 in a research note on Friday, July 11th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $51.13.
Sensata Technologies Holding (NYSE:ST) traded down 0.74% during mid-day trading on Friday, hitting $45.90. The stock had a trading volume of 524,058 shares. Sensata Technologies Holding has a 52 week low of $36.50 and a 52 week high of $48.94. The stock has a 50-day moving average of $46.81 and a 200-day moving average of $42.97. The company has a market cap of $7.899 billion and a price-to-earnings ratio of 36.99.
Sensata Technologies Holding (NYSE:ST) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.10. The company had revenue of $575.90 million for the quarter, compared to the consensus estimate of $566.18 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 13.7% on a year-over-year basis. On average, analysts predict that Sensata Technologies Holding will post $2.44 earnings per share for the current fiscal year.
Sensata Technologies Holding NV is a Netherlands-based company engaged in the development, manufacturing and sale of sensors and controls.
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