Trading Report: Today, Littelfuse, Inc. (LFUS) VP Sold $2,507,559.54 in Stock

Today, Littelfuse, Inc. (LFUS) VP Sold $2,507,559.54 in Stock

Littelfuse, Inc. (NASDAQ:LFUS) VP Dieter Roeder sold 16,827 shares of the company’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $149.02, for a total transaction of $2,507,559.54. Following the sale, the vice president now directly owns 20,798 shares of the company’s stock, valued at approximately $3,099,317.96. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Littelfuse, Inc. (NASDAQ:LFUS) opened at 149.72 on Friday. The firm has a 50-day moving average of $137.52 and a 200 day moving average of $124.14. The firm has a market capitalization of $3.37 billion, a PE ratio of 34.02 and a beta of 1.11. Littelfuse, Inc. has a 12 month low of $90.61 and a 12 month high of $154.12.

Littelfuse (NASDAQ:LFUS) last posted its earnings results on Thursday, November 3rd. The company reported $1.87 earnings per share for the quarter, hitting the consensus estimate of $1.87. The firm earned $280.30 million during the quarter, compared to the consensus estimate of $131.81 million. Littelfuse had a net margin of 10.05% and a return on equity of 17.27%. The company’s revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the company earned $1.43 earnings per share. Equities research analysts forecast that Littelfuse, Inc. will post $6.22 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Wednesday, November 23rd will be given a $0.33 dividend. The ex-dividend date of this dividend is Monday, November 21st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.88%. Littelfuse’s dividend payout ratio (DPR) is currently 30.00%.

Several institutional investors have recently added to or reduced their stakes in LFUS. RS Investment Management Co. LLC raised its position in Littelfuse by 11.2% in the second quarter. RS Investment Management Co. LLC now owns 515,596 shares of the company’s stock worth $60,938,000 after buying an additional 51,813 shares during the period. First National Bank of Omaha raised its position in Littelfuse by 13.8% in the second quarter. First National Bank of Omaha now owns 21,770 shares of the company’s stock worth $2,573,000 after buying an additional 2,635 shares during the period. Eagle Asset Management Inc. raised its position in Littelfuse by 18.8% in the second quarter. Eagle Asset Management Inc. now owns 140,174 shares of the company’s stock worth $16,567,000 after buying an additional 22,185 shares during the period. Nisa Investment Advisors LLC raised its position in Littelfuse by 0.5% in the second quarter. Nisa Investment Advisors LLC now owns 9,550 shares of the company’s stock worth $1,129,000 after buying an additional 50 shares during the period. Finally, Eqis Capital Management Inc. raised its position in Littelfuse by 10.5% in the second quarter. Eqis Capital Management Inc. now owns 3,676 shares of the company’s stock worth $434,000 after buying an additional 350 shares during the period. Institutional investors own 99.11% of the company’s stock.

LFUS has been the subject of a number of research analyst reports. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $155.00 price objective (up from $145.00) on shares of Littelfuse in a research report on Tuesday, November 1st. Robert W. Baird upped their price objective on shares of Littelfuse from $128.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, August 26th. Zacks Investment Research upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $144.00 price objective for the company in a research report on Thursday, October 13th. Finally, Sidoti cut shares of Littelfuse from a “buy” rating to a “neutral” rating in a research report on Monday.

Littelfuse Company Profile

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