Director Kenneth Dahlberg of Teledyne Technologies Inc recently sold 4,000 shares of the company’s stock, according to a recent SEC Filing. This transaction adds to the pattern of insider sales that have occurred over the past year, with a total of 16 insider sells and no insider buys recorded.
Teledyne Technologies Inc is a renowned provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. With operations primarily located in North America and Europe, the company has established a strong presence in these regions.
The insider’s recent share sale took place when Teledyne Technologies Inc shares were trading at $432.91, resulting in a market capitalization of $20.418 billion. The company’s price-earnings ratio stood at 23.39, slightly above the industry median, but below its historical median price-earnings ratio.
Based on GuruFocus analysis, which takes into account historical trading multiples, the company’s past performance, and future business performance estimates, the stock is considered Fairly Valued. With a price of $432.91 and a GuruFocus Value of $464.18, the stock has a price-to-GF-Value ratio of 0.93.
It is important to note that this article serves as general insights and not tailored financial advice. The analysis presented here is rooted in historical data and analyst projections, utilizing an impartial methodology. Therefore, it does not constitute a recommendation to buy or sell any stock, and individual investment objectives and financial circumstances must be taken into consideration.
While GuruFocus aims to deliver long-term, fundamental data-driven analysis, readers should be aware that the analysis may not incorporate the most recent price-sensitive announcements or qualitative information. It is also worth noting that GuruFocus does not hold any position in the stocks mentioned in this article.
Overall, the recent sale of Teledyne Technologies Inc shares by Director Kenneth Dahlberg highlights the ongoing pattern of insider sales within the company. Investors should consider this information along with their own research and financial goals when making investment decisions.
FAQ Section:
1. Who is Kenneth Dahlberg and what does the recent SEC filing reveal?
Kenneth Dahlberg is a director at Teledyne Technologies Inc. The recent SEC filing shows that he sold 4,000 shares of the company’s stock.
2. What does Teledyne Technologies Inc specialize in?
Teledyne Technologies Inc is a well-known provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems.
3. Where are the primary operations of Teledyne Technologies Inc located?
The company’s operations are primarily located in North America and Europe, where it has established a strong presence.
4. What was the market capitalization of Teledyne Technologies Inc after the recent share sale?
The market capitalization of the company was $20.418 billion after the recent share sale.
5. How does the price-earnings ratio of Teledyne Technologies Inc compare to the industry median?
The company’s price-earnings ratio stood at 23.39, slightly above the industry median.
6. Is the stock considered fairly valued?
According to GuruFocus analysis, considering historical trading multiples, past performance, and future business performance estimates, the stock is considered Fairly Valued.
7. What does the price-to-GF-Value ratio indicate?
The stock has a price-to-GF-Value ratio of 0.93, indicating that the current price of $432.91 is lower than the GuruFocus Value of $464.18.
8. Does the article provide financial advice?
No, the article serves as general insights and not tailored financial advice. It is important to consider individual investment objectives and financial circumstances.
9. What should readers be aware of regarding the analysis presented in the article?
Readers should note that the analysis is based on historical data and analyst projections, and may not incorporate the most recent price-sensitive announcements or qualitative information.
10. Does GuruFocus hold any position in the stocks mentioned in the article?
No, GuruFocus does not hold any position in the stocks mentioned in the article.
Related Links:
– Teledyne Technologies Inc Official Website
– U.S. Securities and Exchange Commission
– GuruFocus