Littelfuse, Inc. (NASDAQ:LFUS - Get Free Report) SVP Maggie Chu sold 282 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $396.90, for a total value of $111,925.80. Following the transaction, the senior vice president directly owned 6,001 shares of the company's stock, valued at approximately $2,381,796.90. The trade was a 4.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Maggie Chu also recently made the following trade(s):
- On Tuesday, April 28th, Maggie Chu sold 815 shares of Littelfuse stock. The shares were sold at an average price of $392.47, for a total value of $319,863.05.
- On Wednesday, February 4th, Maggie Chu sold 2,061 shares of Littelfuse stock. The shares were sold at an average price of $326.71, for a total value of $673,349.31.
Littelfuse Stock Performance
Shares of NASDAQ LFUS opened at $404.17 on Friday. The stock has a fifty day moving average price of $357.37 and a two-hundred day moving average price of $304.39. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.91 and a current ratio of 2.69. The firm has a market cap of $10.17 billion, a P/E ratio of -139.37, a PEG ratio of 2.51 and a beta of 1.40. Littelfuse, Inc. has a 1 year low of $178.76 and a 1 year high of $410.00.
Littelfuse (NASDAQ:LFUS - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.51 by $0.18. The business had revenue of $593.93 million during the quarter, compared to analyst estimates of $583.53 million. Littelfuse had a positive return on equity of 10.53% and a negative net margin of 3.00%.The company's revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $2.04 EPS. Research analysts forecast that Littelfuse, Inc. will post 12.99 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Key Capital Management INC purchased a new position in shares of Littelfuse during the fourth quarter valued at $25,000. Blue Trust Inc. grew its holdings in shares of Littelfuse by 1,666.7% during the third quarter. Blue Trust Inc. now owns 106 shares of the technology company's stock valued at $27,000 after buying an additional 100 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Littelfuse during the fourth quarter valued at $27,000. Cullen Frost Bankers Inc. purchased a new position in shares of Littelfuse during the third quarter valued at $31,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of Littelfuse during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 96.14% of the company's stock.
Wall Street Analysts Forecast Growth
LFUS has been the subject of several research reports. Wall Street Zen lowered Littelfuse from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 21st. Zacks Research lowered Littelfuse from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 6th. Oppenheimer raised their price objective on Littelfuse from $380.00 to $430.00 and gave the stock an "outperform" rating in a research note on Friday, April 10th. Robert W. Baird set a $360.00 price objective on Littelfuse in a research note on Thursday, January 29th. Finally, Williams Trading set a $360.00 price objective on Littelfuse in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $374.00.
Get Our Latest Report on LFUS
About Littelfuse
(
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Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse's offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.
The company's product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.
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