Insider Selling: Sensata Technologies Holding VP Unloads 60,000 Shares of Stock (ST)
Sensata Technologies Holding (NYSE:ST) VP Geert Braaksma sold 60,000 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $46.07, for a total transaction of $2,764,200.00. Following the completion of the transaction, the vice president now directly owns 9,365 shares in the company, valued at approximately $431,446. The sale was disclosed in a document filed with the SEC, which can be accessed through 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, July 30th. 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, July 30th. 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 research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $51.13.
Shares of Sensata Technologies Holding (NYSE:ST) traded down 0.48% on Wednesday, hitting $45.47. The stock had a trading volume of 383,950 shares. Sensata Technologies Holding has a one year low of $36.50 and a one year high of $48.94. The stock’s 50-day moving average is $46.95 and its 200-day moving average is $43.17. The company has a market cap of $7.655 billion and a price-to-earnings ratio of 30.42.
Sensata Technologies Holding (NYSE:ST) last announced its earnings results on Tuesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.54 earnings per share. Sensata Technologies Holding’s revenue was up 13.7% compared to the same quarter last year. Analysts expect that Sensata Technologies Holding will post $2.44 EPS for the current fiscal year.
Sensata Technologies Holding N.V. (NYSE:ST) is a subsidiary of Sensata Investment Company S.
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