OLD National Bancorp IN Has $374,000 Holdings in Littelfuse, Inc. (NASDAQ:LFUS)

OLD National Bancorp IN raised its position in shares of Littelfuse, Inc. (NASDAQ:LFUS) by 62.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,397 shares of the technology company’s stock after purchasing an additional 535 shares during the quarter. OLD National Bancorp IN’s holdings in Littelfuse were worth $374,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. VisionPoint Advisory Group LLC acquired a new stake in shares of Littelfuse during the 3rd quarter worth approximately $27,000. Assetmark Inc. grew its position in shares of Littelfuse by 27.9% during the 3rd quarter. Assetmark Inc. now owns 367 shares of the technology company’s stock worth $91,000 after buying an additional 80 shares during the period. Vest Financial LLC acquired a new stake in shares of Littelfuse during the 4th quarter worth approximately $245,000. Hsbc Holdings PLC grew its position in shares of Littelfuse by 11.8% during the 3rd quarter. Hsbc Holdings PLC now owns 1,016 shares of the technology company’s stock worth $251,000 after buying an additional 107 shares during the period. Finally, Trust Point Inc. acquired a new stake in shares of Littelfuse during the 4th quarter worth approximately $274,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

Insider Buying and Selling at Littelfuse

In other news, EVP Ryan K. Stafford sold 1,932 shares of Littelfuse stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $243.62, for a total transaction of $470,673.84. Following the sale, the executive vice president now directly owns 24,155 shares in the company, valued at approximately $5,884,641.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Ryan K. Stafford sold 1,932 shares of the stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $243.62, for a total value of $470,673.84. Following the sale, the executive vice president now directly owns 24,155 shares of the company’s stock, valued at $5,884,641.10. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Maggie Chu sold 1,522 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $240.74, for a total transaction of $366,406.28. Following the completion of the sale, the senior vice president now directly owns 3,086 shares in the company, valued at $742,923.64. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,370 shares of company stock worth $1,064,413. Corporate insiders own 2.30% of the company’s stock.

Analyst Ratings Changes

LFUS has been the topic of a number of recent research reports. Jefferies Financial Group initiated coverage on Littelfuse in a report on Tuesday, April 9th. They issued a “hold” rating and a $260.00 target price on the stock. StockNews.com cut Littelfuse from a “buy” rating to a “hold” rating in a report on Saturday, March 30th.

Littelfuse Price Performance

Shares of LFUS opened at $233.60 on Thursday. Littelfuse, Inc. has a 12-month low of $212.80 and a 12-month high of $309.94. The business’s fifty day moving average is $236.14 and its 200 day moving average is $239.45. The company has a quick ratio of 2.49, a current ratio of 3.75 and a debt-to-equity ratio of 0.35. The stock has a market cap of $5.82 billion, a P/E ratio of 22.59, a P/E/G ratio of 2.04 and a beta of 1.34.

Littelfuse (NASDAQ:LFUS) last issued its earnings results on Tuesday, January 30th. The technology company reported $2.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.02. Littelfuse had a return on equity of 12.35% and a net margin of 10.98%. The company had revenue of $533.80 million for the quarter, compared to analysts’ expectations of $535.76 million. During the same period last year, the business earned $3.34 EPS. Littelfuse’s quarterly revenue was down 12.9% compared to the same quarter last year. Sell-side analysts anticipate that Littelfuse, Inc. will post 9.44 earnings per share for the current fiscal year.

About Littelfuse

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.