Sandhill Capital Partners LLC Increases Position in Littelfuse, Inc. (NASDAQ:LFUS)

Sandhill Capital Partners LLC increased its position in Littelfuse, Inc. (NASDAQ:LFUS) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 189,089 shares of the technology company’s stock after purchasing an additional 626 shares during the quarter. Littelfuse makes up about 4.2% of Sandhill Capital Partners LLC’s portfolio, making the stock its 9th biggest position. Sandhill Capital Partners LLC owned approximately 0.76% of Littelfuse worth $50,593,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. VisionPoint Advisory Group LLC bought a new stake in Littelfuse during the 3rd quarter valued at $27,000. Assetmark Inc. boosted its position in Littelfuse by 27.9% during the 3rd quarter. Assetmark Inc. now owns 367 shares of the technology company’s stock valued at $91,000 after acquiring an additional 80 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in Littelfuse during the 4th quarter valued at $208,000. OLD National Bancorp IN boosted its position in Littelfuse by 9.7% during the 3rd quarter. OLD National Bancorp IN now owns 862 shares of the technology company’s stock valued at $213,000 after acquiring an additional 76 shares in the last quarter. Finally, Vest Financial LLC bought a new stake in Littelfuse during the 4th quarter valued at $245,000. Institutional investors own 96.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Jefferies Financial Group started coverage on Littelfuse in a research report on Tuesday, April 9th. They set 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 research report on Saturday, March 30th.

Insider Buying and Selling

In related news, SVP Maggie Chu sold 1,522 shares of the firm’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $240.74, for a total value of $366,406.28. Following the completion of the transaction, the senior vice president now owns 3,086 shares in the company, valued at approximately $742,923.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Littelfuse news, SVP Maggie Chu sold 1,522 shares of Littelfuse 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 transaction, the senior vice president now owns 3,086 shares in the company, valued at approximately $742,923.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Matthew Cole sold 916 shares of Littelfuse stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $248.18, for a total value of $227,332.88. Following the transaction, the senior vice president now owns 5,530 shares of the company’s stock, valued at approximately $1,372,435.40. The disclosure for this sale can be found here. Insiders sold 4,370 shares of company stock worth $1,064,413 in the last 90 days. Insiders own 2.30% of the company’s stock.

Littelfuse Stock Down 1.4 %

Shares of Littelfuse stock traded down $3.21 during trading on Thursday, reaching $230.39. The company’s stock had a trading volume of 96,759 shares, compared to its average volume of 143,320. 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 company has a market cap of $5.74 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 2.04 and a beta of 1.34. Littelfuse, Inc. has a 1-year low of $212.80 and a 1-year high of $309.94. The company has a 50-day simple moving average of $236.14 and a two-hundred day simple moving average of $239.45.

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

Littelfuse Company Profile

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.