Littelfuse, Inc. (LFUS) SVP Ian Highley Sells 9,378 Shares

Littelfuse, Inc. (NASDAQ:LFUS) SVP Ian Highley sold 9,378 shares of Littelfuse stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $212.50, for a total value of $1,992,825.00. Following the sale, the senior vice president now directly owns 4,121 shares of the company’s stock, valued at $875,712.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Littelfuse, Inc. (LFUS) traded up $1.31 during trading on Tuesday, hitting $209.50. The stock had a trading volume of 285,284 shares, compared to its average volume of 221,215. Littelfuse, Inc. has a fifty-two week low of $149.81 and a fifty-two week high of $226.33. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.52 and a quick ratio of 2.90. The stock has a market cap of $4,880.97, a P/E ratio of 27.83, a P/E/G ratio of 2.10 and a beta of 0.97.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.68 by $0.13. Littelfuse had a return on equity of 19.65% and a net margin of 9.78%. The business had revenue of $304.85 million during the quarter, compared to the consensus estimate of $299.88 million. During the same period in the previous year, the business earned $1.57 EPS. The business’s quarterly revenue was up 7.1% on a year-over-year basis. sell-side analysts forecast that Littelfuse, Inc. will post 8.53 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 22nd will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, February 21st. Littelfuse’s payout ratio is currently 28.52%.

Institutional investors have recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Littelfuse by 31.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 471,038 shares of the technology company’s stock valued at $92,267,000 after purchasing an additional 112,360 shares during the last quarter. Koch Industries Inc. purchased a new stake in shares of Littelfuse in the 2nd quarter valued at about $376,000. Vanguard Group Inc. lifted its holdings in shares of Littelfuse by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 1,878,924 shares of the technology company’s stock valued at $310,023,000 after purchasing an additional 31,326 shares during the last quarter. Moody Aldrich Partners LLC lifted its holdings in shares of Littelfuse by 14.8% in the 3rd quarter. Moody Aldrich Partners LLC now owns 9,916 shares of the technology company’s stock valued at $1,942,000 after purchasing an additional 1,276 shares during the last quarter. Finally, Nationwide Fund Advisors lifted its holdings in shares of Littelfuse by 1.9% in the 3rd quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock valued at $20,729,000 after purchasing an additional 2,000 shares during the last quarter. 99.24% of the stock is owned by institutional investors and hedge funds.

A number of analysts have issued reports on the company. BidaskClub raised Littelfuse from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Robert W. Baird reaffirmed a “buy” rating and set a $202.00 price target on shares of Littelfuse in a report on Thursday, October 12th. CIBC reaffirmed a “market perform” rating on shares of Littelfuse in a report on Friday, October 13th. Finally, Oppenheimer downgraded Littelfuse from an “outperform” rating to a “market perform” rating in a report on Friday, October 13th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $211.25.

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Littelfuse Company Profile

Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.

Insider Buying and Selling by Quarter for Littelfuse (NASDAQ:LFUS)

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