Vice Chairman Jason Vanwees of Teledyne Technologies Sells 3700 Shares
December 15, 2023
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Jason Vanwees, the Vice Chairman of Teledyne Technologies ($NYSE:TDY) Inc., recently sold 3,700 of his shares in the company. This is an interesting development for Teledyne Technologies, which is a publicly-traded technology company that is best known for its innovative products and services. The company has made great strides in the past few years, with its products being featured in numerous industries, including aerospace, defense, industrial, medical and energy. It is unclear why he decided to sell his shares but it could be related to personal financial reasons or simply because he believes that it is time to diversify his investments. Whatever the reason, the sale of 3,700 shares has raised some eyebrows regarding the future of Teledyne Technologies.
It will be interesting to see how the stock market reacts to this news and what it could mean for the company’s future. While the sale of 3,700 shares is not a major event by any means, it could signal a shift in the direction of the business as well as the potential for greater growth. Time will tell whether or not this move by Vanwees will pay off for both him and Teledyne Technologies.
Stock Price
On Thursday, TELEDYNE TECHNOLOGIES stock opened at $424.9 and closed at $428.2, up by 1.5% from previous closing price of 421.9. It is noteworthy that the sale of shares was made on the same day when the company’s shares registered a significant gain in prices following a strong rally in the market. This could be seen as a sign that Vanwees was confident in the prospects of Teledyne Technologies and was looking to lock in his profits from the stocks. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Teledyne Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 5.63k | 789 | 14.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Teledyne Technologies. More…
| Operations | Investing | Financing |
| 909.4 | -238.8 | -660.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Teledyne Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.22k | 5.49k | 184.85 |
Key Ratios Snapshot
Some of the financial key ratios for Teledyne Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.9% | 30.2% | 18.5% |
| FCF Margin | ROE | ROA |
| 14.2% | 7.5% | 4.6% |
Analysis
At GoodWhale, we have conducted an analysis of TELEDYNE TECHNOLOGIES‘s fundamentals. Our Star Chart classified the company as a ‘gorilla’, a type of company that displays stable and high growth in revenue or earnings due to its strong competitive advantage. In particular, our health score for TELEDYNE TECHNOLOGIES is 8/10, indicating that the company is well-positioned to sustain future operations in times of crisis. Given these characteristics, TELEDYNE TECHNOLOGIES is an attractive option for investors looking to gain exposure to a company with strong fundamentals and long-term growth potential. More…
Peers
– MKS Instruments Inc ($NASDAQ:MKSI)
MKS Instruments Inc is a global provider of instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze critical parameters of advanced manufacturing processes. The company offers a range of products that are used in the manufacture of semiconductor devices, including integrated circuits (ICs), and in other advanced processes, such as those used in the production of flat panel displays, solar cells, compact discs, and fiber optic components.
MKS Instruments has a market capitalization of $5.16 billion as of 2022 and a return on equity of 18.75%. The company is a global provider of instruments and process control solutions for the semiconductor manufacturing industry.
– ESCO Technologies Inc ($NYSE:ESE)
ST is a leading global provider of semiconductor solutions. ST’s products are used in a wide range of applications, including automotive, industrial, consumer, computing, and other applications. ST’s products are used in a variety of end products, including automobiles, televisions, mobile phones, computers, and others. ST is a Fortune 500 company with operations in more than 35 countries.
– Allied Motion Technologies Inc ($NASDAQ:AMOT)
Allied Motion Technologies Inc is a designer and manufacturer of motion control products, technologies, and solutions for use in a variety of industries. The company has a market cap of 467.2M as of 2022 and a return on equity of 8.87%. Allied Motion Technologies Inc designs and manufactures a range of motion control products, including motors, drives, controllers, and software. The company’s products are used in a variety of industries, including automotive, aerospace, medical, and industrial.
Summary
Teledyne Technologies Inc. is a leading provider of advanced electronics and communication solutions. As an investor, it is important to consider the implications of such a transaction. Analyzing the stock’s recent performance can help investors understand what the stock market thinks of the company’s future prospects. With strong fundamentals and a positive outlook, Teledyne Technologies Inc. could be a good long-term investment for investors who are willing to take on some risk.
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