November 29, 2016 - By Clifton Ray
J Chung; that is an insider in Littelfuse Inc De who is the most recent to unload shares in the corporation for which he is currently the director. J a few days ago made a sale of 2,862 shares of the company, valued by the market at around $429,300 USD, that is a share price of approx. $150.0. J Chung right now possess 19,431 shares which are equivalent to precisely 0.09% of the Illinois-based company’s market cap (share price times the number of shares outstanding).
Out of 4 analysts covering Littelfuse (NASDAQ:LFUS), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $145 is the highest target while $124 is the lowest. The $138.50 average target is -7.08% below today’s ($149.05) stock price. Littelfuse has been the topic of 5 analyst reports since September 7, 2015 according to StockzIntelligence Inc. On Friday, August 26 the stock rating was maintained by Robert W. Baird with “Outperform”. The firm has “Neutral” rating by Sidoti given on Monday, November 21. On Tuesday, September 13 the stock rating was maintained by Oppenheimer with “Outperform”. The firm has “Hold” rating by Zacks given on Monday, September 7. On Wednesday, February 3 the stock rating was maintained by Oppenheimer with “Outperform”.
Insitutional Activity: The institutional sentiment decreased to 0.95 in Q2 2016. Its down 0.15, from 1.1 in 2016Q1. The ratio dived, as 31 funds sold all Littelfuse, Inc. shares owned while 68 reduced positions. 21 funds bought stakes while 88 increased positions. They now own 21.76 million shares or 8.96% less from 23.90 million shares in 2016Q1.
Strs Ohio holds 12,000 shares or 0.01% of its portfolio. State Of Wisconsin Board last reported 0.03% of its portfolio in the stock. Tributary Management holds 1.5% or 87,054 shares in its portfolio. Tiverton Asset Management Limited has invested 0.09% of its portfolio in Littelfuse, Inc. (NASDAQ:LFUS). Great West Life Assurance Can has invested 0% of its portfolio in Littelfuse, Inc. (NASDAQ:LFUS). Moreover, Parkside Bancorporation has 0.01% invested in Littelfuse, Inc. (NASDAQ:LFUS) for 89 shares. Qs Lc has invested 0% of its portfolio in Littelfuse, Inc. (NASDAQ:LFUS). Vaughan Nelson Invest Management Limited Partnership has 0.29% invested in the company for 192,803 shares. Parametric Associates Ltd Liability Corporation has 0.02% invested in the company for 106,266 shares. Teachers Retirement Of The State Of Kentucky last reported 8,600 shares in the company. Rothschild Asset Mgmt Inc accumulated 105,765 shares or 0.23% of the stock. Hanseatic Management Ser Incorporated accumulated 0% or 27 shares. Moreover, Tfs Cap Limited Liability Corp has 0.04% invested in Littelfuse, Inc. (NASDAQ:LFUS) for 1,747 shares. Dubuque Natl Bank has 0% invested in the company for 65 shares. The Washington-based Edge Asset Mngmt has invested 0.22% in Littelfuse, Inc. (NASDAQ:LFUS).
Insider Transactions: Since August 29, 2016, the stock had 0 insider buys, and 16 sales for $18.25 million net activity. Stafford Ryan K had sold 13,000 shares worth $1.96 million. Nayar Deepak also sold $1.08M worth of Littelfuse, Inc. (NASDAQ:LFUS) shares. Highley Ian sold $2.15M worth of stock. 10,000 shares were sold by HUNTER GORDON, worth $1.26M on Thursday, September 15. $658,873 worth of shares were sold by MAJOR JOHN E on Friday, November 18. MUCHONEY MARY S sold $75,000 worth of Littelfuse, Inc. (NASDAQ:LFUS) on Friday, November 18. On Wednesday, August 31 the insider HEINZMANN DAVID W sold $1.19 million.
About 111,025 shares traded hands. Littelfuse, Inc. (NASDAQ:LFUS) has risen 24.04% since April 26, 2016 and is uptrending. It has outperformed by 18.78% the S&P500.
Littelfuse, Inc. is a supplier of circuit protection products for the electronics, automotive and electrical industries. The company has a market cap of $3.27 billion. The Firm operates through three divisions: Electronics, Automotive and Industrial. It has a 33.87 P/E ratio. The Company’s Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions, telecommunications equipment, medical devices, lighting products and white goods.
According to Zacks Investment Research, “Littelfuse, Inc. is a leading manufacturer and seller of fuses and other circuit protection devices for use in the electronic, automotive and general industrial markets. In addition to its Des Plaines, Illinois, world headquarters, Littelfuse has manufacturing facilities in England, Ireland, Switzerland, Mexico, Korea, China and the Philippines, as well as in Centralia and Arcola, Illinois. It also has sales, engineering and distribution facilities in the Netherlands, Singapore, Hong Kong, Taiwan, Japan, Brazil and Livonia, Michigan.”
Analysts await Littelfuse, Inc. (NASDAQ:LFUS) to report earnings on February, 7. They expect $1.52 EPS, up 25.62% or $0.31 from last year’s $1.21 per share. LFUS’s profit will be $33.35 million for 24.51 P/E if the $1.52 EPS becomes a reality. After $1.87 actual EPS reported by Littelfuse, Inc. for the previous quarter, Wall Street now forecasts -18.72% negative EPS growth.
Another recent and important Littelfuse, Inc. (NASDAQ:LFUS) news was published by Streetinsider.com which published an article titled: “Form 4 LITTELFUSE INC /DE For: Nov 25 Filed by: CHUNG TJ” on November 29, 2016.
Littelfuse, Inc., incorporated on November 25, 1991, is a supplier of circuit protection products for the electronics, automotive and electrical industries. In addition to the portfolio of circuit protection products and solutions, the Company offers electronic reed switches and sensors, automotive sensors for comfort and safety systems and a line of electromechanical and electronic switch and control devices for commercial and specialty vehicles, as well as protection relays and power distribution centers for the safe control and distribution of electricity. The Firm operates through three divisions: Electronics, Automotive and Industrial. The Company’s Electronics segment provides circuit protection components to manufacturers of a range of electronic products, including mobile phones, computers, liquid-crystal-display televisions (LCD TVs), telecommunications equipment, medical devices, lighting products and white goods. The Company’s Automotive segment provides circuit protection products to the automotive original equipment manufacturers (OEM) and parts distributors of passenger automobiles, trucks, buses and off-road equipment. The Company’s Industrial segment provides circuit protection products for industrial and commercial customers, which include power fuses and other circuit protection devices that are used in commercial and industrial buildings and large equipment, such as heating, ventilation and air conditioning (HVAC) systems, elevators and machine tools.
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By Clifton Ray