Yesterday, the President & CEO of Sensata (ST), Jeffrey Cote, bought shares of ST for $522.9K.
This is Cote’s first Buy trade following 17 Sell transactions. Following this transaction Jeffrey Cote’s holding in the company was increased by 11.73% to a total of $3.99 million.
See today’s analyst top recommended stocks >>
Based on Sensata’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $838 million and quarterly net profit of $53.54 million. In comparison, last year the company earned revenue of $831 million and had a net profit of $254 million. The company has a one-year high of $54.72 and a one-year low of $24.56. ST’s market cap is $4.4B and the company has a P/E ratio of 14.68.
Three different firms, including Canaccord Genuity and RBC Capital, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $831.6K worth of ST shares and purchased $877.2K worth of ST shares. The insider sentiment on Sensata has been neutral according to 44 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sensata Technologies Holding Plc engages in the designing, manufacturing, and marketing of electromechanical, electronic sensors and controls. It operates through the following two segments: Performance Sensing and Sensing Solutions. The Performance Sensing segment designs and manufactures sensors for the automotive and heavy vehicle and off-road markets.
