The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Teledyne Technologies Inc shares valued at $1,924,205 were sold by VanWees Jason on Mar 03 ’25. At $520.06 per share, VanWees Jason sold 3,700 shares. The insider’s holdings dropped to 51,324 shares worth approximately $23.72 million following the completion of this transaction.
Also, Cibik Melanie Susan sold 706 shares, netting a total of over 367,090 in proceeds. Following the sale of shares at $519.96 each, the insider now holds 26,529 shares.
Before that, VanWees Jason had added 3,700 shares to its account. In a trade valued at $1,905,574, the Officer bought Teledyne Technologies Inc shares for $515.02 each.
Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early November. As of July 23, 2024, Vertical Research has initiated its “Buy” rating for TDY. Earlier on April 26, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for TDY stock which previously was a “a Buy”.
Analyzing TDY Stock Performance
During the last five days, there has been a surge of approximately 0.71%. Over the course of the year, Teledyne Technologies Inc shares have dropped approximately -0.42%. Shares of the company reached a 52-week high of $522.50 on 01/31/25 and a 52-week low of $419.00 on 04/07/25. A 50-day SMA is recorded $490.01, while a 200-day SMA reached $458.42.
Support And Resistance Levels for Teledyne Technologies Inc (TDY)
According to the 24-hour chart, there is a support level at 458.10, which, if violated, would cause prices to drop to 454.00. In the upper region, resistance lies at 466.00. The next price resistance is at 469.80. RSI (Relative Strength Index) is 42.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.40, which suggests the price will decrease in the coming days. Percent R is at 48.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
