Teledyne Technologies Incorporated (NYSE:TDY) Can’t Be More Risky. Short Interest Increased

July 14, 2018 - By Ann Prendergast

Investors sentiment decreased to 1.06 in 2018 Q1. Its down 0.25, from 1.31 in 2017Q4. It worsened, as 20 investors sold Teledyne Technologies Incorporated shares while 89 reduced holdings. 35 funds opened positions while 81 raised stakes. 28.92 million shares or 0.10% less from 28.95 million shares in 2017Q4 were reported.
Ironwood Invest Mngmt Limited Co holds 2,897 shares. Eaton Vance has 0.01% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 19,125 shares. Panagora Asset Mgmt accumulated 1,295 shares or 0% of the stock. Tiaa Cref Invest Management Ltd Liability Company reported 138,438 shares. Clearbridge Investments Ltd Com accumulated 394,895 shares. Wesbanco Fincl Bank has 0.03% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 2,710 shares. Beese Fulmer Investment Mngmt, a Ohio-based fund reported 6,249 shares. Moreover, Cibc Ww Mkts has 0.11% invested in Teledyne Technologies Incorporated (NYSE:TDY). 3,314 are held by Hanseatic Mngmt Services Incorporated. 1.21 million are held by State Street Corp. Moreover, State Board Of Administration Of Florida Retirement has 0.02% invested in Teledyne Technologies Incorporated (NYSE:TDY) for 29,543 shares. Westfield Cap Mngmt Lp holds 464,323 shares. Virginia Retirement Et Al holds 0.02% in Teledyne Technologies Incorporated (NYSE:TDY) or 9,100 shares. Tower Cap Ltd Liability (Trc) invested in 3,385 shares or 0.05% of the stock. G2 Investment Ptnrs Ltd Liability Corp holds 0.44% of its portfolio in Teledyne Technologies Incorporated (NYSE:TDY) for 5,925 shares.

Since February 5, 2018, it had 0 insider buys, and 15 sales for $33.80 million activity. MEHRABIAN ROBERT sold $6.75M worth of stock or 35,000 shares. Roks Edwin had sold 8,650 shares worth $1.74 million. Another trade for 5,994 shares valued at $1.09 million was made by DAHLBERG KENNETH C on Monday, February 5. MILLER PAUL DAVID had sold 4,777 shares worth $904,291. The insider RESLEWIC THOMAS H sold $1.98M. Another trade for 2,000 shares valued at $404,413 was sold by VON SCHACK WESLEY W.

The stock of Teledyne Technologies Incorporated (NYSE:TDY) registered an increase of 13.11% in short interest. TDY’s total short interest was 304,500 shares in July as published by FINRA. Its up 13.11% from 269,200 shares, reported previously. With 129,500 shares average volume, it will take short sellers 2 days to cover their TDY’s short positions. The short interest to Teledyne Technologies Incorporated’s float is 0.87%.

The stock increased 1.36% or $2.79 during the last trading session, reaching $207.76. About 147,477 shares traded. Teledyne Technologies Incorporated (NYSE:TDY) has risen 51.83% since July 14, 2017 and is uptrending. It has outperformed by 39.26% the S&P500.

Teledyne Technologies Incorporated provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, Canada, the United Kingdom, and internationally. The company has market cap of $7.43 billion. The company??s Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial, and other applications, as well as electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks deployed in mission critical and harsh environments. It has a 28.76 P/E ratio. The Company’s Digital Imaging segment provides image sensors and digital cameras for use in industrial, scientific, medical, and photogrammetry applications; and hardware and software for image processing in industrial and medical applications, as well as manufacturing services for micro electro-mechanical systems.

Teledyne Technologies Incorporated (NYSE:TDY) Ratings Coverage

Among 2 analysts covering Teledyne Technologies Inc (NYSE:TDY), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Teledyne Technologies Inc has $21000 highest and $191.0 lowest target. $200.50’s average target is -3.49% below currents $207.76 stock price. Teledyne Technologies Inc had 3 analyst reports since January 23, 2018 according to SRatingsIntel. Needham maintained it with “Buy” rating and $205.0 target in Tuesday, January 23 report. Needham maintained it with “Buy” rating and $21000 target in Friday, May 4 report. The company was maintained on Thursday, February 1 by Jefferies.

Teledyne Technologies Incorporated (NYSE:TDY) Institutional Positions Chart

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