Jason Vanwees Sells 3,500 Shares of Teledyne Technologies Incorporated (TDY) Stock
Teledyne Technologies Incorporated (NYSE:TDY) SVP Jason Vanwees sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $195.42, for a total value of $683,970.00. Following the sale, the senior vice president now owns 34,085 shares in the company, valued at approximately $6,660,890.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Teledyne Technologies Incorporated (NYSE:TDY) traded down $1.09 during trading on Thursday, hitting $190.76. The stock had a trading volume of 33,690 shares, compared to its average volume of 171,741. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.90 and a quick ratio of 1.15. The firm has a market cap of $6,895.59, a PE ratio of 28.16, a price-to-earnings-growth ratio of 3.44 and a beta of 1.03. Teledyne Technologies Incorporated has a fifty-two week low of $121.58 and a fifty-two week high of $201.40.
Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Thursday, February 1st. The scientific and technical instruments company reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.74 by $0.21. The business had revenue of $704.40 million for the quarter, compared to analysts’ expectations of $669.25 million. Teledyne Technologies had a return on equity of 14.06% and a net margin of 8.73%. The business’s quarterly revenue was up 27.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.64 EPS. research analysts forecast that Teledyne Technologies Incorporated will post 7.55 EPS for the current year.
Several institutional investors have recently made changes to their positions in TDY. Nomura Holdings Inc. acquired a new stake in shares of Teledyne Technologies during the 2nd quarter worth approximately $290,000. Public Employees Retirement System of Ohio raised its position in shares of Teledyne Technologies by 848.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 17,480 shares of the scientific and technical instruments company’s stock worth $2,231,000 after purchasing an additional 15,637 shares during the period. Cardinal Capital Management raised its position in shares of Teledyne Technologies by 7.4% during the 3rd quarter. Cardinal Capital Management now owns 5,674 shares of the scientific and technical instruments company’s stock worth $903,000 after purchasing an additional 393 shares during the period. Aperio Group LLC raised its position in shares of Teledyne Technologies by 4.5% during the 3rd quarter. Aperio Group LLC now owns 10,138 shares of the scientific and technical instruments company’s stock worth $1,614,000 after purchasing an additional 440 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth approximately $780,000. Institutional investors and hedge funds own 83.34% of the company’s stock.
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.
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