Insider Selling: Sensata Technologies Holding Director Sells 50,000 Shares of Stock (ST)
Sensata Technologies Holding (NYSE:ST) Director Thomas Wroe, Jr. sold 50,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $49.04, for a total value of $2,452,000.00. Following the transaction, the director now directly owns 90,785 shares in the company, valued at approximately $4,452,096. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Sensata Technologies Holding (NYSE:ST) traded down 0.52% during mid-day trading on Wednesday, hitting $48.745. 48,164 shares of the company’s stock traded hands. Sensata Technologies Holding has a 52 week low of $36.50 and a 52 week high of $49.97. The stock’s 50-day moving average is $47. and its 200-day moving average is $44.41. The company has a market cap of $8.207 billion and a price-to-earnings ratio of 32.62.
Sensata Technologies Holding (NYSE:ST) last released its earnings data on Tuesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. Analysts expect that Sensata Technologies Holding will post $2.44 EPS for the current fiscal year.
A number of analysts have recently weighed in on ST shares. 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 equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Sensata Technologies Holding presently has an average rating of “Buy” and an average price target of $51.13.
Sensata Technologies Holding N.V. (NYSE:ST) is a subsidiary of Sensata Investment Company S.
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