Representative April McClain Delaney (D-Maryland) recently sold shares of Teledyne Technologies Incorporated (NYSE:TDY). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $15,001 and $50,000 in Teledyne Technologies stock on February 22nd.
Representative April McClain Delaney also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Revvity (NYSE:RVTY) on 2/28/2025.
- Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/28/2025.
- Purchased $15,001 – $50,000 in shares of Corpay (NYSE:CPAY) on 2/28/2025.
- Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/28/2025.
- Purchased $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/27/2025.
- Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/27/2025.
- Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/27/2025.
- Purchased $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 2/22/2025.
- Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/22/2025.
- Sold $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/22/2025.
Teledyne Technologies Price Performance
Shares of TDY stock opened at $502.73 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.33 and a quick ratio of 1.61. The company has a market capitalization of $23.55 billion, a P/E ratio of 29.18, a P/E/G ratio of 3.14 and a beta of 1.03. The company’s 50-day simple moving average is $497.26 and its two-hundred day simple moving average is $471.72. Teledyne Technologies Incorporated has a one year low of $355.41 and a one year high of $522.50.
Wall Street Analysts Forecast Growth
TDY has been the topic of a number of research analyst reports. UBS Group initiated coverage on shares of Teledyne Technologies in a research note on Tuesday, December 10th. They issued a “buy” rating and a $585.00 target price on the stock. Needham & Company LLC reiterated a “buy” rating and set a $585.00 price objective on shares of Teledyne Technologies in a research note on Wednesday, February 5th. Finally, Bank of America increased their price objective on shares of Teledyne Technologies from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Monday, March 17th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $548.00.
Check Out Our Latest Research Report on TDY
Hedge Funds Weigh In On Teledyne Technologies
Hedge funds and other institutional investors have recently modified their holdings of the business. Amundi boosted its stake in Teledyne Technologies by 11.9% in the fourth quarter. Amundi now owns 124,874 shares of the scientific and technical instruments company’s stock valued at $57,687,000 after acquiring an additional 13,244 shares in the last quarter. Covea Finance boosted its stake in Teledyne Technologies by 25.1% in the fourth quarter. Covea Finance now owns 21,400 shares of the scientific and technical instruments company’s stock valued at $9,932,000 after acquiring an additional 4,300 shares in the last quarter. ING Groep NV boosted its stake in Teledyne Technologies by 144.9% in the fourth quarter. ING Groep NV now owns 5,952 shares of the scientific and technical instruments company’s stock valued at $2,763,000 after acquiring an additional 3,522 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Teledyne Technologies by 6.0% in the third quarter. JPMorgan Chase & Co. now owns 1,150,065 shares of the scientific and technical instruments company’s stock valued at $503,338,000 after acquiring an additional 64,617 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Teledyne Technologies by 10.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,515 shares of the scientific and technical instruments company’s stock valued at $3,024,000 after acquiring an additional 640 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Teledyne Technologies
In other Teledyne Technologies news, VP Cynthia Y. Belak sold 5,745 shares of the firm’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $508.34, for a total value of $2,920,413.30. Following the completion of the sale, the vice president now directly owns 4,962 shares in the company, valued at $2,522,383.08. This trade represents a 53.66 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Robert Mehrabian sold 5,768 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $518.22, for a total transaction of $2,989,092.96. Following the completion of the transaction, the chairman now directly owns 144,553 shares of the company’s stock, valued at approximately $74,910,255.66. This represents a 3.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,571 shares of company stock worth $17,709,721 over the last three months. Corporate insiders own 2.14% of the company’s stock.
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
About Teledyne Technologies
Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.
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