Littelfuse CFO Unloads $306,204 in Stock (LFUS)
Littelfuse (NASDAQ:LFUS) CFO Philip G. Franklin unloaded 3,400 shares of Littelfuse stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $90.06, for a total value of $306,204.00. Following the transaction, the chief financial officer now directly owns 42,506 shares of the company’s stock, valued at approximately $3,828,090. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Littelfuse (NASDAQ:LFUS) traded up 0.51% during mid-day trading on Monday, hitting $90.72. 46,712 shares of the company’s stock traded hands. 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 $91.3 and a 200-day moving average of $91.65. The company has a market cap of $2.039 billion and a P/E ratio of 20.34.
Littelfuse (NASDAQ:LFUS) last announced its earnings results 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. Shareholders 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 1.11%. The ex-dividend date is Tuesday, August 19th. This is a positive change 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.