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- NasdaqGS:LFUS
Senior VP & Chief Human Resources Officer Maggie Chu Sold A Bunch Of Shares In Littelfuse
We'd be surprised if Littelfuse, Inc. (NASDAQ:LFUS) shareholders haven't noticed that the Senior VP & Chief Human Resources Officer, Maggie Chu, recently sold US$366k worth of stock at US$241 per share. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn't exactly instill confidence.
Check out our latest analysis for Littelfuse
Littelfuse Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Senior VP & GM of Electronics Business, Deepak Nayar, sold US$835k worth of shares at a price of US$260 per share. So we know that an insider sold shares at around the present share price of US$238. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
Littelfuse insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
I will like Littelfuse better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does Littelfuse Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Littelfuse insiders own 1.6% of the company, worth about US$97m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Littelfuse Tell Us?
Insiders haven't bought Littelfuse stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own shares, they don't own a heap, and they have been selling. So we'd only buy after careful consideration. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Littelfuse has 1 warning sign we think you should be aware of.
Of course Littelfuse may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:LFUS
Littelfuse
Designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe.
Flawless balance sheet average dividend payer.