Teledyne Technologies Incorporated's shares have seen a series of
sales and stake adjustments from various parties including XTX Topco Ltd, Insider Sell: Michael Smith, and Vice Chairman Jason Vanwees. The company, however, has been able to
surpass Q3 earnings and revenue estimates. In spite of achieving record sales and strategic, the
share price has been underperforming the market. The
Trading volume has been influenced by the transactions of multiple investment firms such as Tidal Investments LLC, Sanctuary Advisors LLC, Jane Street Group LLC, Barclays PLC, and State Street Corp. Teledyne has reportedly made plans to
acquire Micropac and select Aerospace and Defense Electronics Businesses of Excelitas. It's worth noting their stock recently hit a
52-week high at $483.52. Despite this, there has been insider selling of shares and criticism over the company's slow and steady approach to management. Nevertheless, the company continues to make significant strategic moves including a contract worth up to $21 Million with Japan Maritime Self-Defense Force, and a $91 Million contract for Black Hornet 4 Nano-Drones from the U.S. Army.
Teledyne Technologies Incorporated TDY News Analytics from Tue, 12 Mar 2024 07:00:00 GMT to Sat, 21 Dec 2024 00:44:26 GMT -
Rating 3
- Innovation 5
- Information 7
- Rumor -3
