Signaturefd LLC Has $146,000 Stake in Littelfuse, Inc. (NASDAQ:LFUS)

Signaturefd LLC grew its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 17.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 551 shares of the technology company’s stock after buying an additional 82 shares during the period. Signaturefd LLC’s holdings in Littelfuse were worth $146,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. CWM LLC raised its stake in shares of Littelfuse by 410.7% in the 2nd quarter. CWM LLC now owns 143 shares of the technology company’s stock valued at $37,000 after acquiring an additional 115 shares in the last quarter. UMB Bank n.a. raised its position in shares of Littelfuse by 70.2% in the third quarter. UMB Bank n.a. now owns 143 shares of the technology company’s stock valued at $38,000 after purchasing an additional 59 shares during the period. GAMMA Investing LLC lifted its stake in shares of Littelfuse by 275.0% in the second quarter. GAMMA Investing LLC now owns 165 shares of the technology company’s stock worth $42,000 after buying an additional 121 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Littelfuse during the 1st quarter worth $50,000. Finally, Covestor Ltd boosted its holdings in shares of Littelfuse by 28.5% during the 1st quarter. Covestor Ltd now owns 239 shares of the technology company’s stock worth $58,000 after buying an additional 53 shares during the period. Institutional investors own 96.14% of the company’s stock.

Insider Activity

In related news, CEO David W. Heinzmann sold 8,715 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $274.40, for a total value of $2,391,396.00. Following the sale, the chief executive officer now owns 59,654 shares of the company’s stock, valued at $16,369,057.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, SVP Matthew Cole sold 1,436 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $246.02, for a total value of $353,284.72. Following the sale, the senior vice president now owns 5,522 shares of the company’s stock, valued at approximately $1,358,522.44. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David W. Heinzmann sold 8,715 shares of Littelfuse stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $274.40, for a total transaction of $2,391,396.00. Following the transaction, the chief executive officer now directly owns 59,654 shares of the company’s stock, valued at $16,369,057.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,028 shares of company stock worth $4,356,035. Company insiders own 2.30% of the company’s stock.

Littelfuse Price Performance

Shares of NASDAQ:LFUS opened at $253.22 on Monday. The firm has a market capitalization of $6.28 billion, a PE ratio of 29.01, a PEG ratio of 2.60 and a beta of 1.27. The company has a current ratio of 3.50, a quick ratio of 2.42 and a debt-to-equity ratio of 0.32. Littelfuse, Inc. has a 1-year low of $212.80 and a 1-year high of $275.58. The business’s 50 day moving average is $259.27 and its 200-day moving average is $254.24.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Tuesday, July 30th. The technology company reported $1.97 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.22. Littelfuse had a net margin of 8.71% and a return on equity of 8.91%. The firm had revenue of $558.49 million for the quarter, compared to the consensus estimate of $540.35 million. During the same quarter in the previous year, the company earned $3.12 earnings per share. The business’s revenue was down 8.7% compared to the same quarter last year. Sell-side analysts predict that Littelfuse, Inc. will post 8.14 earnings per share for the current year.

Analysts Set New Price Targets

LFUS has been the subject of a number of research analyst reports. TD Cowen boosted their target price on shares of Littelfuse from $250.00 to $260.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. StockNews.com raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Stifel Nicolaus raised Littelfuse from a “hold” rating to a “buy” rating and raised their target price for the company from $270.00 to $280.00 in a report on Tuesday, August 13th. Robert W. Baird upped their price target on Littelfuse from $300.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, August 29th. Finally, Oppenheimer upgraded shares of Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 target price for the company in a research note on Thursday, October 17th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $285.00.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.