Short Interest Change: Teledyne Tech Incorporated (NYSE:TDY)’s Trend Unknown, Especially After Increased Shorts

November 17, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Change: Teledyne Tech Incorporated (NYSE:TDY)’s Trend Unknown, Especially After Increased Shorts

The stock of Teledyne Tech Incorporated (NYSE:TDY) registered an increase of 2.45% in short interest. TDY’s total short interest was 1.01 million shares in November as published by FINRA. Its up 2.45% from 981,900 shares, reported previously. With 84,800 shares average volume, it will take short sellers 12 days to cover their TDY’s short positions. The short interest to Teledyne Tech Incorporated’s float is 3.15%. About 26,358 shares traded hands. Teledyne Technologies Incorporated (NYSE:TDY) has risen 34.05% since April 15, 2016 and is uptrending. It has outperformed by 29.43% the S&P500.

Teledyne Technologies Incorporated provides enabling technologies for industrial markets. The company has a market cap of $4.21 billion. The Firm caters to a range of markets, which include deepwater gas and oil exploration and production, oceanographic research, and air and water quality environmental monitoring. It has a 21.9 P/E ratio. The Company’s products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, and electronic test and measurement equipment.

Insitutional Activity: The institutional sentiment increased to 1.23 in 2016 Q2. Its up 0.17, from 1.06 in 2016Q1. The ratio improved, as 14 funds sold all Teledyne Technologies Incorporated shares owned while 59 reduced positions. 17 funds bought stakes while 73 increased positions. They now own 30.12 million shares or 5.16% less from 31.76 million shares in 2016Q1.
Ngam Advisors Limited Partnership accumulated 0.05% or 39,705 shares. Fisher Asset Mgmt Ltd Limited Liability Company last reported 0.06% of its portfolio in the stock. Moreover, Sg Americas Ltd Company has 0.01% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 11,760 shares. Advantus Mngmt last reported 4,178 shares in the company. Capwealth Advsr Lc owns 250 shares or 0.01% of their US portfolio. Thomson Horstmann & Bryant Incorporated has invested 0.07% of its portfolio in Teledyne Technologies Incorporated (NYSE:TDY). Envestnet Asset Mgmt has 1,294 shares for 0% of their US portfolio. Pnc Fincl Svcs Gru last reported 0% of its portfolio in the stock. Raymond James & has invested 0.01% of its portfolio in Teledyne Technologies Incorporated (NYSE:TDY). Lombard Odier Asset Management (Europe) Limited holds 2,618 shares or 0.01% of its portfolio. Ironwood Invest Limited Liability Company owns 2,144 shares or 0.16% of their US portfolio. Moreover, Springbok Capital Mgmt Ltd Liability Com has 0% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 106 shares. Diam Co has invested 0.01% of its portfolio in Teledyne Technologies Incorporated (NYSE:TDY). Janus Cap Management Limited Liability Company holds 0.2% or 2.39M shares in its portfolio. Bnp Paribas Arbitrage has 0.01% invested in the company for 17,036 shares.

Insider Transactions: Since August 8, 2016, the stock had 0 insider purchases, and 20 selling transactions for $20.37 million net activity. Shares for $3.70M were sold by MEHRABIAN ROBERT on Monday, August 8. VanWees Jason sold $316,322 worth of stock or 3,000 shares. 5,523 shares with value of $596,576 were sold by DAHLBERG KENNETH C on Friday, September 2. The insider PICHELLI ALDO sold $1.43M. MAIN SUE sold $819,628 worth of Teledyne Technologies Incorporated (NYSE:TDY) on Friday, November 11. 5,706 shares were sold by SMITH MICHAEL T, worth $683,458 on Monday, November 14. Shares for $422,197 were sold by AUSTIN ROXANNE S on Monday, August 8.

Teledyne Technologies Incorporated (NYSE:TDY) Ratings Coverage

Out of 2 analysts covering Teledyne Tech (NYSE:TDY), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Teledyne Tech has been the topic of 2 analyst reports since October 6, 2015 according to StockzIntelligence Inc. The rating was downgraded by CL King on Wednesday, July 6 to “Neutral”. The firm earned “Hold” rating on Tuesday, October 6 by Needham.

TDY Company Profile

Teledyne Technologies Incorporated, incorporated on August 23, 1999, provides enabling technologies for industrial markets. The Firm caters to a range of markets, which include deepwater gas and oil exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and development, factory automation and medical imaging. The Company’s products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, digital imaging sensors and cameras, aircraft information management systems, and defense electronic and satellite communication subsystems. It also supplies engineered systems for defense, space, environmental and energy applications. The Firm operates through four divisions: Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Clifton Ray


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>