Littelfuse, Inc.’s filing revealed that its Officer HEINZMANN DAVID W acquired Company’s shares for reported $1.04 million on Jul 31 ’24. In the deal valued at $273.92 per share,3,786 shares were bought.
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Then, HEINZMANN DAVID W sold 3,786 shares, generating $1,037,079 in total proceeds. Upon selling the shares at $273.92, the President & CEO now owns 59,654 shares.
Before that, HEINZMANN DAVID W sold 11 shares. Littelfuse, Inc. shares valued at $3,003 were divested by the President & CEO at a price of $273.00 per share. As a result of the transaction, HEINZMANN DAVID W now holds 59,654 shares, worth roughly $15.07 million.
Stifel upgraded its Littelfuse, Inc. [LFUS] rating to a Buy from a a Hold in a research note published on August 13, 2024; the price target was increased to $280 from $270. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Hold”‘ rating for it. Robert W. Baird also remained covering LFUS and has increased its forecast on May 17, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Jefferies started covering the stock on April 09, 2024. It rated LFUS as “a Hold”.
Price Performance Review of LFUS
On Tuesday, Littelfuse, Inc. [NASDAQ:LFUS] saw its stock jump 4.97% to $252.68. Over the last five days, the stock has gained 6.75%. Littelfuse, Inc. shares have fallen nearly -5.56% since the year began. Nevertheless, the stocks have fallen -2.85% over the past one year. While a 52-week high of $275.58 was reached on 07/16/24, a 52-week low of $212.80 was recorded on 05/01/24. SMA at 50 days reached $255.65, while 200 days put it at $245.18.
Levels Of Support And Resistance For LFUS Stock
The 24-hour chart illustrates a support level at 246.72, which if violated will result in even more drops to 240.76. On the upside, there is a resistance level at 255.66. A further resistance level may holdings at 258.64. The Relative Strength Index (RSI) on the 14-day chart is 50.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.05%. Stochastics%K at 29.67% indicates the stock is a holding.
How much short interest is there in Littelfuse, Inc.?
A steep rise in short interest was recorded in Littelfuse, Inc. stocks on
