Littelfuse, Inc. (LFUS) SVP Ian Highley Sells 9,378 Shares
Littelfuse, Inc. (NASDAQ:LFUS) SVP Ian Highley sold 9,378 shares of the business’s 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 transaction, 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 Securities & Exchange Commission, which is accessible through this link.
Littelfuse, Inc. (NASDAQ:LFUS) opened at $205.91 on Thursday. Littelfuse, Inc. has a 52-week low of $149.81 and a 52-week high of $226.33. The company has a market capitalization of $4,728.79, a PE ratio of 40.37, a PEG ratio of 2.03 and a beta of 0.97. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.90 and a current ratio of 3.52.
Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.68 by $0.13. The firm had revenue of $304.85 million during the quarter, compared to the consensus estimate of $299.88 million. Littelfuse had a return on equity of 19.65% and a net margin of 9.78%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.57 earnings per share. research analysts predict that Littelfuse, Inc. will post 8.53 EPS for the current year.
A number of equities analysts have recently commented on the company. BidaskClub raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Saturday, February 3rd. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. Robert W. Baird reissued a “buy” rating and set a $202.00 price objective on shares of Littelfuse in a research report on Thursday, October 12th. CIBC reissued a “market perform” rating on shares of Littelfuse in a research report on Friday, October 13th. Finally, Oppenheimer downgraded Littelfuse from an “outperform” rating to a “market perform” rating in a research report on Friday, October 13th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $211.25.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Swiss National Bank boosted its holdings in Littelfuse by 2.4% in the fourth quarter. Swiss National Bank now owns 38,700 shares of the technology company’s stock valued at $7,656,000 after purchasing an additional 900 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Littelfuse by 1.7% in the fourth quarter. California Public Employees Retirement System now owns 62,601 shares of the technology company’s stock valued at $12,384,000 after purchasing an additional 1,027 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in Littelfuse by 315.2% in the fourth quarter. Teacher Retirement System of Texas now owns 7,773 shares of the technology company’s stock valued at $1,538,000 after purchasing an additional 5,901 shares in the last quarter. Allegis Investment Advisors LLC acquired a new position in Littelfuse in the fourth quarter valued at approximately $518,000. Finally, First National Bank of Omaha boosted its holdings in Littelfuse by 2.7% in the fourth quarter. First National Bank of Omaha now owns 27,626 shares of the technology company’s stock valued at $5,465,000 after purchasing an additional 717 shares in the last quarter. 99.24% of the stock is owned by hedge funds and other institutional investors.
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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.
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