Littelfuse, Inc. (NASDAQ:LFUS) CEO David W. Heinzmann sold 11,100 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $212.00, for a total value of $2,353,200.00. Following the completion of the sale, the chief executive officer now owns 47,041 shares of the company’s stock, valued at approximately $9,972,692. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Littelfuse, Inc. (LFUS) opened at $210.04 on Wednesday. The company has a quick ratio of 2.90, a current ratio of 3.52 and a debt-to-equity ratio of 0.53. Littelfuse, Inc. has a 52 week low of $149.81 and a 52 week high of $226.33. The firm has a market capitalization of $5,280.39, a P/E ratio of 27.55, a price-to-earnings-growth ratio of 2.08 and a beta of 0.97.
Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.81 earnings per share for the quarter, beating the Zacks’ 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 company had revenue of $304.85 million during the quarter, compared to analysts’ expectations of $299.88 million. During the same quarter in the previous year, the business earned $1.57 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. equities research analysts expect that Littelfuse, Inc. will post 8.53 EPS for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Turner Investments LLC purchased a new stake in shares of Littelfuse during the third quarter worth approximately $147,000. Advisor Partners LLC purchased a new stake in shares of Littelfuse during the fourth quarter worth approximately $212,000. Coldstream Capital Management Inc. purchased a new stake in shares of Littelfuse during the third quarter worth approximately $204,000. Intrust Bank NA purchased a new stake in shares of Littelfuse during the third quarter worth approximately $204,000. Finally, Zeke Capital Advisors LLC purchased a new stake in shares of Littelfuse during the fourth quarter worth approximately $210,000. Institutional investors own 99.17% of the company’s stock.
LFUS has been the subject of a number of research reports. Zacks Investment Research cut Littelfuse from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Oppenheimer reiterated a “hold” rating on shares of Littelfuse in a research note on Wednesday, November 1st. Robert W. Baird reiterated a “buy” rating and issued a $230.00 price objective on shares of Littelfuse in a research note on Friday, November 3rd. Finally, BidaskClub cut Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 6th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock 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.
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