LFUS - Insider Transaction: Ryan Stafford Sells $470K Worth Of Littelfuse Shares | Benzinga
Ryan Stafford, EVP at Littelfuse (NASDAQ:LFUS), reported an insider sell on February 9, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Stafford sold 1,932 shares of Littelfuse. The total transaction amounted to $470,670.
Monitoring the market, Littelfuse's shares down by 0.0% at $241.91 during Friday's morning.
Get to Know Littelfuse Better
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
Unraveling the Financial Story of Littelfuse
Negative Revenue Trend: Examining Littelfuse's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -12.07% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Analyzing Profitability ...