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 sale, the senior vice president now directly owns 35,159 shares of the company’s stock, valued at approximately $5,170,834.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Teledyne Technologies Incorporated (NYSE:TDY) opened at 147.13 on Tuesday. Teledyne Technologies Incorporated has a 52-week low of $101.90 and a 52-week high of $148.24. The firm has a market cap of $5.19 billion, a PE ratio of 28.90 and a beta of 0.98. The firm has a 50-day moving average of $131.96 and a 200-day moving average of $129.86.

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

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A number of brokerages recently issued reports on TDY. Jefferies Group LLC reissued a “hold” rating and issued a $140.00 price objective on shares of Teledyne Technologies in a report on Friday, July 7th. Zacks Investment Research raised shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $139.00 price objective for the company in a report on Saturday, April 15th. Finally, BidaskClub lowered shares of Teledyne Technologies from a “hold” rating to a “sell” rating in a report on Friday, June 9th.

A number of hedge funds have recently bought and sold shares of TDY. Great West Life Assurance Co. Can boosted its stake in Teledyne Technologies by 4.8% in the first quarter. Great West Life Assurance Co. Can now owns 20,683 shares of the scientific and technical instruments company’s stock valued at $2,613,000 after buying an additional 953 shares during the period. Wells Fargo & Company MN boosted its stake in Teledyne Technologies by 2.4% in the first quarter. Wells Fargo & Company MN now owns 353,323 shares of the scientific and technical instruments company’s stock valued at $44,680,000 after buying an additional 8,255 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in Teledyne Technologies by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 12,276 shares of the scientific and technical instruments company’s stock valued at $1,552,000 after buying an additional 200 shares during the period. Whittier Trust Co. boosted its stake in Teledyne Technologies by 4.8% in the first quarter. Whittier Trust Co. now owns 14,561 shares of the scientific and technical instruments company’s stock valued at $1,841,000 after buying an additional 662 shares during the period. Finally, First Midwest Bank Trust Division boosted its stake in Teledyne Technologies by 4.4% in the first quarter. First Midwest Bank Trust Division now owns 4,535 shares of the scientific and technical instruments company’s stock valued at $573,000 after buying an additional 190 shares during the period. Institutional investors own 83.67% 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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