A Director at Teledyne Technologies is Exercising Options

Yesterday it was reported that a Director at Teledyne Technologies (TDYResearch Report), Paul David Miller, exercised options to sell 5,021 TDY shares at $59.53 a share, for a total transaction value of $1.72M.

Following Paul David Miller’s last TDY Sell transaction on February 07, 2019, the stock climbed by 113.7%. In addition to Paul David Miller, 2 other TDY executives reported Sell trades in the last month.

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Based on Teledyne Technologies’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $802 million and quarterly net profit of $107 million. In comparison, last year the company earned revenue of $725 million and had a net profit of $90.3 million. The company has a one-year high of $344.32 and a one-year low of $189.35. TDY’s market cap is $12.32B and the company has a P/E ratio of 33.72.

The insider sentiment on Teledyne Technologies has been negative according to 63 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 business segments: Instrumentation; Digital Imaging; Aerospace and Defense Electronics; and Engineered Systems.