Sensata Technologies Holding N.V. (NYSE:ST – Get Free Report) Director Ali John Mirshekari sold 108,438 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $28.75, for a total transaction of $3,117,592.50. Following the completion of the sale, the director directly owned 33,933 shares in the company, valued at approximately $975,573.75. This represents a 76.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Ali John Mirshekari also recently made the following trade(s):
- On Friday, November 21st, Ali John Mirshekari sold 33,933 shares of Sensata Technologies stock. The stock was sold at an average price of $29.53, for a total transaction of $1,002,041.49.
- On Wednesday, November 19th, Ali John Mirshekari sold 125,939 shares of Sensata Technologies stock. The shares were sold at an average price of $28.83, for a total transaction of $3,630,821.37.
Sensata Technologies Trading Up 6.2%
Sensata Technologies stock traded up $1.76 during trading hours on Friday, reaching $30.29. 2,107,335 shares of the company’s stock were exchanged, compared to its average volume of 1,655,598. The firm’s 50 day simple moving average is $31.01 and its 200 day simple moving average is $30.13. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month high of $34.00. The company has a quick ratio of 1.94, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $4.41 billion, a PE ratio of -151.42, a PEG ratio of 1.26 and a beta of 1.17.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Wednesday, November 12th. Sensata Technologies’s dividend payout ratio is presently -240.00%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its position in shares of Sensata Technologies by 61.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 394 shares in the last quarter. Signaturefd LLC boosted its stake in Sensata Technologies by 515.5% during the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 933 shares during the last quarter. National Bank of Canada FI bought a new stake in Sensata Technologies during the 1st quarter worth approximately $27,000. Smartleaf Asset Management LLC raised its stake in shares of Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 785 shares during the last quarter. Finally, First Horizon Corp bought a new position in shares of Sensata Technologies in the third quarter valued at approximately $29,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. The Goldman Sachs Group lifted their price objective on shares of Sensata Technologies from $40.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Wells Fargo & Company raised their price target on shares of Sensata Technologies from $33.00 to $34.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Sensata Technologies in a research note on Wednesday. Truist Financial upped their price objective on shares of Sensata Technologies from $27.00 to $35.00 and gave the company a “hold” rating in a report on Wednesday, July 30th. Finally, Barclays assumed coverage on shares of Sensata Technologies in a research report on Wednesday, October 8th. They set an “overweight” rating and a $43.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and an average price target of $35.80.
Sensata Technologies Company Profile
Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.
Read More
- Five stocks we like better than Sensata Technologies
- How to Calculate Inflation Rate
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- Golden Cross Stocks: Pattern, Examples and Charts
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
- What Are Growth Stocks and Investing in Them
- Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
