Have Insiders Sold Teledyne Technologies Shares Recently?

We wouldn't blame Teledyne Technologies Incorporated (NYSE:TDY) shareholders if they were a little worried about the fact that Charles Crocker, the Independent Director recently netted about US$946k selling shares at an average price of US$473. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 4.4%.

See our latest analysis for Teledyne Technologies

The Last 12 Months Of Insider Transactions At Teledyne Technologies

Notably, that recent sale by Charles Crocker is the biggest insider sale of Teledyne Technologies shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$475. While insider selling is a negative, to us, it is more negative if the shares are sold 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.

Insiders in Teledyne Technologies didn't buy any shares in 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!

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Does Teledyne Technologies Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Teledyne Technologies insiders own 1.1% of the company, worth about US$249m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Teledyne Technologies Tell Us?

Insiders haven't bought Teledyne Technologies 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. On the plus side, Teledyne Technologies makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Teledyne Technologies. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Teledyne Technologies.

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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.