Teledyne Technologies Inc’s recent filing unveils that its Vice Chairman VanWees Jason unloaded Company’s shares for reported $1.92 million on Mar 03 ’25. In the deal valued at $520.06 per share,3,700 shares were sold. As a result of this transaction, VanWees Jason now holds 51,324 shares worth roughly $25.76 million.
Then, Cibik Melanie Susan sold 706 shares, generating $367,090 in total proceeds. Upon selling the shares at $519.96, the EVP, GenCounsel, CCO & Sec. now owns 26,529 shares.
Before that, VanWees Jason bought 3,700 shares. Teledyne Technologies Inc shares valued at $1,905,574 were divested by the Officer at a price of $515.02 per share.
A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “a Buy”. Vertical Research began covering TDY with “Buy” recommendation on July 23, 2024. BofA Securities revised its rating on April 26, 2024. It rated TDY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TDY
On Friday, Teledyne Technologies Inc [NYSE:TDY] saw its stock jump 0.51% to $501.82. Over the last five days, the stock has gained 2.11%. Teledyne Technologies Inc shares have risen nearly 8.12% since the year began. Nevertheless, the stocks have risen 19.06% over the past one year. While a 52-week high of $522.50 was reached on 01/31/25, a 52-week low of $355.41 was recorded on 01/13/25. SMA at 50 days reached $496.34, while 200 days put it at $450.12.
Levels Of Support And Resistance For TDY Stock
The 24-hour chart illustrates a support level at 496.87, which if violated will result in even more drops to 491.93. On the upside, there is a resistance level at 504.89. A further resistance level may holdings at 507.97. The Relative Strength Index (RSI) on the 14-day chart is 54.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.99%. Stochastics %K at 63.46% indicates the stock is a holding.
How much short interest is there in Teledyne Technologies Inc?
A steep rise in short interest was recorded in Teledyne Technologies Inc stocks on 2025-02-28, dropping by 60873.0 shares to a total of 0.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.45 million shares. There was a decline of -15.66%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 22, 2023 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $522.
