Today, a Director at Teledyne Technologies Inc, Michael T. Smith, exercised options of Teledyne Technologies Inc (NYSE: TDY) for $985.1K.
Following Michael T. Smith’s last TDY Sell transaction on November 17, 2015, the stock climbed by 109.7%. In addition to Michael T. Smith, 2 other TDY executives reported Sell trades in the last month.
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Based on Teledyne Technologies Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $696 million and quarterly net profit of $66.5 million. In comparison, last year the company earned revenue of $566 million and had a net profit of $30.5 million. TDY’s market cap is $7.07B and the company has a P/E ratio of 27.44. Currently, Teledyne Technologies Inc has an average volume of 112K.
The insider sentiment on Teledyne Technologies Inc has been negative according to 59 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Michael T. Smith’s trades have generated a 1.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Teledyne Technologies, Inc. engages in the provision of electronic and communication products for wireless and satellite systems. It operates through the following segments: Instrumentation; Digital Imaging; Aerospace and Defense Electronics; and Engineered Systems.
