A Director at Teledyne Technologies Inc (NYSE: TDY) is Selling Shares

By Carrie Williams

Yesterday, a Director at Teledyne Technologies Inc (NYSE: TDY), Wesley Von-Schack, sold shares of TDY for $220.4K.

Following Wesley Von-Schack’s last TDY Sell transaction on June 01, 2017, the stock climbed by 46.0%. In addition to Wesley Von-Schack, one other TDY executive reported Sell trades in the last month.

Based on Teledyne Technologies Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $662 million and quarterly net profit of $69 million. In comparison, last year the company earned revenue of $527 million and had a net profit of $52 million. The company has a one-year high of $185.66 and a one-year low of $117.06. TDY’s market cap is $6.4B and the company has a P/E ratio of 30.51.

The insider sentiment on Teledyne Technologies Inc has been negative according to 35 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.