Littelfuse, Inc. (NASDAQ:LFUS) Director T J. Chung sold 4,854 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $207.76, for a total transaction of $1,008,467.04. Following the transaction, the director now directly owns 20,193 shares in the company, valued at approximately $4,195,297.68. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Littelfuse, Inc. (NASDAQ LFUS) opened at $208.77 on Thursday. Littelfuse, Inc. has a 1 year low of $149.81 and a 1 year high of $226.33. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.52 and a quick ratio of 2.90. The company has a market cap of $5,180.00, a PE ratio of 21.61, a price-to-earnings-growth ratio of 2.03 and a beta of 0.97.
Littelfuse (NASDAQ:LFUS) last posted its earnings results on Wednesday, January 31st. The technology company reported $1.81 EPS for the quarter, beating the Zacks’ consensus estimate of $1.68 by $0.13. Littelfuse had a net margin of 9.78% and a return on equity of 19.65%. The company had revenue of $304.85 million for the quarter, compared to analysts’ expectations of $299.88 million. During the same quarter in the prior year, the company posted $1.57 earnings per share. Littelfuse’s revenue for the quarter was up 7.1% compared to the same quarter last year. equities research analysts forecast that Littelfuse, Inc. will post 8.53 EPS for the current fiscal year.
Several research analysts have recently weighed in on LFUS shares. BidaskClub cut shares of Littelfuse from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Zacks Investment Research cut shares of Littelfuse from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Robert W. Baird reissued a “buy” rating and set a $230.00 price target on shares of Littelfuse in a research report on Friday, November 3rd. Finally, Oppenheimer reissued a “hold” rating on shares of Littelfuse in a research report on Wednesday, November 1st. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $211.25.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cubist Systematic Strategies LLC lifted its position in Littelfuse by 2.0% in the second quarter. Cubist Systematic Strategies LLC now owns 2,147 shares of the technology company’s stock valued at $354,000 after buying an additional 42 shares during the last quarter. Stifel Financial Corp lifted its position in Littelfuse by 4.4% in the second quarter. Stifel Financial Corp now owns 2,412 shares of the technology company’s stock valued at $398,000 after buying an additional 102 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Littelfuse by 3.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,829 shares of the technology company’s stock valued at $1,350,000 after buying an additional 243 shares during the last quarter. Profund Advisors LLC lifted its position in Littelfuse by 10.7% in the fourth quarter. Profund Advisors LLC now owns 2,617 shares of the technology company’s stock valued at $518,000 after buying an additional 252 shares during the last quarter. Finally, Forward Management LLC lifted its position in Littelfuse by 16.3% in the third quarter. Forward Management LLC now owns 2,045 shares of the technology company’s stock valued at $401,000 after buying an additional 287 shares during the last quarter. 99.17% of the stock is currently owned by institutional investors.
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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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