Insider Selling: Littelfuse VP Sells 1,933 Shares of Stock (LFUS)
Littelfuse (NASDAQ:LFUS) VP Deepak Nayar sold 1,933 shares of the stock on the open market in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $88.95, for a total value of $171,940.35. Following the transaction, the vice president now directly owns 5,842 shares of the company’s stock, valued at approximately $519,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Littelfuse (NASDAQ:LFUS) traded up 1.57% during mid-day trading on Wednesday, hitting $90.76. 217,985 shares of the company’s stock traded hands. Littelfuse has a 52-week low of $72.86 and a 52-week high of $99.46. The stock’s 50-day moving average is $91.49 and its 200-day moving average is $91.74. The company has a market cap of $2.040 billion and a P/E ratio of 20.14.
Littelfuse (NASDAQ:LFUS) last released its earnings data on Wednesday, July 30th. The company reported $1.26 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.31 by $0.05. The company had revenue of $220.90 million for the quarter, compared to the consensus estimate of $220.51 million. During the same quarter last year, the company posted $1.15 earnings per share. Littelfuse’s revenue was up 17.6% compared to the same quarter last year. On average, analysts predict that Littelfuse will post $4.95 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 4th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Tuesday, August 19th. This is a boost from Littelfuse’s previous quarterly dividend of $0.22.
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.