Teledyne Technologies Incorporated (NYSE:TDY) SVP Jason Vanwees sold 6,000 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $147.07, for a total transaction of $882,420.00. Following the completion of the transaction, the senior vice president now owns 35,159 shares in the company, valued at $5,170,834.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Teledyne Technologies Incorporated (NYSE:TDY) traded down 0.79% during midday trading on Monday, reaching $147.13. 203,031 shares of the company’s stock were exchanged. Teledyne Technologies Incorporated has a 12 month low of $101.90 and a 12 month high of $148.24. The firm has a 50 day moving average price of $131.96 and a 200 day moving average price of $129.86. The company has a market cap of $5.19 billion, a P/E ratio of 28.90 and a beta of 0.98.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Thursday, August 3rd. The scientific and technical instruments company reported $1.74 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.49. The business had revenue of $671.10 million during the quarter, compared to analyst estimates of $636.18 million. Teledyne Technologies had a return on equity of 13.80% and a net margin of 8.44%. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.32 EPS. Equities research analysts forecast that Teledyne Technologies Incorporated will post $5.56 earnings per share for the current fiscal year.

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A number of equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $139.00 price objective on the stock in a research note on Saturday, April 15th. Needham & Company LLC upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $148.00 price objective on the stock in a research note on Wednesday, July 5th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $140.00 price objective on shares of Teledyne Technologies in a research note on Tuesday, June 6th.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Neuburgh Advisers LLC raised its position in Teledyne Technologies by 17.7% in the first quarter. Neuburgh Advisers LLC now owns 1,168 shares of the scientific and technical instruments company’s stock worth $148,000 after buying an additional 176 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Teledyne Technologies by 2.5% in the first quarter. Envestnet Asset Management Inc. now owns 1,188 shares of the scientific and technical instruments company’s stock worth $149,000 after buying an additional 29 shares during the last quarter. Glen Harbor Capital Management LLC raised its position in Teledyne Technologies by 17.7% in the first quarter. Glen Harbor Capital Management LLC now owns 1,606 shares of the scientific and technical instruments company’s stock worth $203,000 after buying an additional 242 shares during the last quarter. HighTower Advisors LLC bought a new position in Teledyne Technologies during the first quarter worth $219,000. Finally, Trexquant Investment LP bought a new position in Teledyne Technologies during the second quarter worth $230,000. 83.67% of the stock is owned by institutional investors and hedge funds.

About Teledyne Technologies

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.

Insider Buying and Selling by Quarter for Teledyne Technologies (NYSE:TDY)

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