Today, the Chairman & CEO of Teledyne Technologies Inc (NYSE: TDY), Robert Mehrabian, sold shares of TDY for $6.93M.
Following Robert Mehrabian’s last TDY Sell transaction on February 23, 2018, the stock climbed by 7.8%.
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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 $7.03B and the company has a P/E ratio of 27.60. Currently, Teledyne Technologies Inc has an average volume of 156.5K.
The insider sentiment on Teledyne Technologies Inc has been negative according to 54 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.
