Yesterday, the SVP & CFO of Teledyne Technologies Inc (NYSE: TDY), Sue Main, sold shares of TDY for $1.53M.
Following Sue Main’s last TDY Sell transaction on August 16, 2016, the stock climbed by 120.8%. In addition to Sue Main, one other TDY executive reported Sell trades in the last month.
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Based on Teledyne Technologies Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $733 million and quarterly net profit of $85.9 million. In comparison, last year the company earned revenue of $671 million and had a net profit of $60.1 million. TDY’s market cap is $8.15B and the company has a P/E ratio of 28.76. Currently, Teledyne Technologies Inc has an average volume of 201.8K.
The insider sentiment on Teledyne Technologies Inc has been negative according to 63 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
