Littelfuse CFO Unloads $306,204 in Stock (LFUS)
Littelfuse (NASDAQ:LFUS) CFO Philip G. Franklin unloaded 3,400 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $90.06, for a total transaction of $306,204.00. Following the completion of 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 document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Littelfuse (NASDAQ:LFUS) opened at 91.40 on Wednesday. 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 $91.19 and its 200-day moving average is $91.70. The company has a market cap of $2.055 billion and a P/E ratio of 20.54.
Littelfuse (NASDAQ:LFUS) last posted its quarterly 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 declared a quarterly dividend, which is scheduled for Thursday, September 4th. Investors of record on Thursday, August 21st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Tuesday, August 19th. This is an increase 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.
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