Teledyne Technologies Incorporated (NYSE:TDY) Director Roxanne S. Austin sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $148.30, for a total transaction of $593,200.00. Following the sale, the director now owns 11,458 shares of the company’s stock, valued at approximately $1,699,221.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Teledyne Technologies Incorporated (NYSE:TDY) traded up 0.87% during mid-day trading on Thursday, reaching $150.06. 128,895 shares of the company were exchanged. Teledyne Technologies Incorporated has a one year low of $101.90 and a one year high of $150.37. The company has a market capitalization of $5.30 billion, a PE ratio of 27.67 and a beta of 0.98. The stock has a 50-day moving average price of $140.41 and a 200 day moving average price of $132.48.

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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.49. The business had revenue of $671.10 million for the quarter, compared to analysts’ expectations of $636.18 million. Teledyne Technologies had a net margin of 8.44% and a return on equity of 13.80%. The business’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.32 EPS. Analysts predict that Teledyne Technologies Incorporated will post $5.69 EPS for the current year.

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A number of analysts recently issued reports on TDY shares. Zacks Investment Research upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $147.00 price objective for the company in a report on Friday, June 2nd. BidaskClub upgraded shares of Teledyne Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. Jefferies Group LLC restated a “hold” rating and set a $150.00 price objective (up previously from $145.00) on shares of Teledyne Technologies in a report on Wednesday, August 9th. Finally, Needham & Company LLC upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $148.00 price objective for the company in a report on Wednesday, July 5th.

A number of institutional investors have recently bought and sold shares of TDY. Swiss National Bank boosted its position in Teledyne Technologies by 1.5% in the first quarter. Swiss National Bank now owns 54,900 shares of the scientific and technical instruments company’s stock valued at $6,943,000 after buying an additional 800 shares in the last quarter. Comerica Bank boosted its position in Teledyne Technologies by 3.5% in the first quarter. Comerica Bank now owns 34,281 shares of the scientific and technical instruments company’s stock valued at $4,621,000 after buying an additional 1,153 shares in the last quarter. Elkfork Partners LLC boosted its position in Teledyne Technologies by 17.7% in the first quarter. Elkfork Partners LLC now owns 2,044 shares of the scientific and technical instruments company’s stock valued at $259,000 after buying an additional 308 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Teledyne Technologies by 5.7% in the first quarter. Advisors Asset Management Inc. now owns 26,960 shares of the scientific and technical instruments company’s stock valued at $3,409,000 after buying an additional 1,462 shares in the last quarter. Finally, State Treasurer State of Michigan boosted its position in Teledyne Technologies by 1.4% in the first quarter. State Treasurer State of Michigan now owns 14,300 shares of the scientific and technical instruments company’s stock valued at $1,808,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 83.19% of the company’s stock.

Teledyne Technologies Company Profile

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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