Teledyne Technologies International Corp (NYSE:TDY) VP Thomas H. Reslewic sold 10,000 shares of the company’s stock in a transaction dated Friday, May 11th. The stock was sold at an average price of $197.93, for a total transaction of $1,979,300.00. Following the completion of the sale, the vice president now directly owns 26,409 shares of the company’s stock, valued at $5,227,133.37. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Teledyne Technologies International stock opened at $195.89 on Thursday. Teledyne Technologies International Corp has a twelve month low of $195.20 and a twelve month high of $196.42. The company has a market cap of $7.04 billion, a PE ratio of 28.27, a P/E/G ratio of 3.40 and a beta of 1.00. The company has a quick ratio of 1.22, a current ratio of 1.91 and a debt-to-equity ratio of 0.50.

Teledyne Technologies International (NYSE:TDY) last released its earnings results on Thursday, May 3rd. The scientific and technical instruments company reported $1.81 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.55 by $0.26. Teledyne Technologies International had a net margin of 9.63% and a return on equity of 14.33%. The firm had revenue of $695.60 million during the quarter, compared to the consensus estimate of $661.58 million. During the same period in the prior year, the firm earned $0.84 EPS. The company’s revenue was up 22.9% compared to the same quarter last year. equities analysts expect that Teledyne Technologies International Corp will post 7.72 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the company. Scopus Asset Management L.P. grew its position in shares of Teledyne Technologies International by 16.6% during the 1st quarter. Scopus Asset Management L.P. now owns 139,936 shares of the scientific and technical instruments company’s stock valued at $26,192,000 after acquiring an additional 19,936 shares during the period. TLP Group LLC grew its position in shares of Teledyne Technologies International by 112.0% during the 1st quarter. TLP Group LLC now owns 2,427 shares of the scientific and technical instruments company’s stock valued at $454,000 after acquiring an additional 1,282 shares during the period. Verition Fund Management LLC grew its position in shares of Teledyne Technologies International by 23.8% during the 1st quarter. Verition Fund Management LLC now owns 4,400 shares of the scientific and technical instruments company’s stock valued at $824,000 after acquiring an additional 846 shares during the period. Cubist Systematic Strategies LLC grew its position in shares of Teledyne Technologies International by 128.2% during the 1st quarter. Cubist Systematic Strategies LLC now owns 890 shares of the scientific and technical instruments company’s stock valued at $167,000 after acquiring an additional 500 shares during the period. Finally, Point72 Asset Management L.P. grew its position in shares of Teledyne Technologies International by 43.9% during the 1st quarter. Point72 Asset Management L.P. now owns 18,706 shares of the scientific and technical instruments company’s stock valued at $3,501,000 after acquiring an additional 5,706 shares during the period. 85.13% of the stock is owned by hedge funds and other institutional investors.

TDY has been the subject of a number of recent analyst reports. Needham & Company LLC upped their price objective on shares of Teledyne Technologies International to $205.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Zacks Investment Research raised shares of Teledyne Technologies International from a “hold” rating to a “buy” rating and set a $213.00 price objective for the company in a research report on Tuesday, February 6th. Finally, ValuEngine raised shares of Teledyne Technologies International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Teledyne Technologies International presently has a consensus rating of “Buy” and a consensus target price of $197.67.

Teledyne Technologies International Company Profile

Teledyne Technologies Incorporated provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, Canada, the United Kingdom, France, and internationally. The company's Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial, and other applications, as well as electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks deployed in mission critical and harsh environments.

Insider Buying and Selling by Quarter for Teledyne Technologies International (NYSE:TDY)

Receive News & Ratings for Teledyne Technologies International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies International and related companies with MarketBeat.com's FREE daily email newsletter.