TE Connectivity Ltd. (NYSE:TEL) has seen significant action from financial groups, investors and insiders as evidenced by various acquisitions, sales and adjustments of TEL shares. Notably,
Marshall Financial Group LLC and
180 Wealth Advisors LLC have acquired new shares, while the
Czech National Bank,
Envestnet Portfolio Solutions Inc., and more have also increased their stock position. However, this engaging activity also involves insider sales by prominent individuals such as CFO
Heath A. Mitts and EVP
John Jenkins. On a financial highlight, TE Connectivity has announced favourable Q2 and Q3 results for
fiscal year 2024, complete with the approval of noteworthy proposals at a
Special General Meeting. Interestingly, they also intend to change their place of incorporation from Switzerland to Ireland. An increase in the company's dividend reflects encouraging financial developments. On a bearish note, the company recently settled with the US for illegally shipping components to Chinese entities. Analysts advise to keep an eye on TEL, suggesting attractive financial prospects and possible re-rating due to strengthening fundamentals.
Te Connectivity Ltd TEL News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Mon, 19 Aug 2024 00:24:53 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -6
