Sensata Technologies Holding plc (NYSE:ST) Director Buys $250,010.75 in Stock

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) Director Andrew C. Teich purchased 9,925 shares of Sensata Technologies stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average price of $25.19 per share, with a total value of $250,010.75. Following the acquisition, the director now directly owns 41,117 shares of the company's stock, valued at $1,035,737.23. This trade represents a 31.82% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Sensata Technologies Price Performance

ST traded down $0.77 during trading on Friday, hitting $26.09. 1,633,345 shares of the stock traded hands, compared to its average volume of 1,710,387. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $42.33. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 1.25 and a beta of 1.02. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. The business has a 50 day moving average price of $22.89 and a 200 day moving average price of $26.71.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.06. The company had revenue of $911.26 million during the quarter, compared to the consensus estimate of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The company's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 earnings per share. Equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.48 annualized dividend and a dividend yield of 1.84%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ST. Norges Bank bought a new stake in shares of Sensata Technologies in the fourth quarter worth $48,580,000. Invesco Ltd. grew its holdings in Sensata Technologies by 19.4% during the 4th quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock worth $8,937,000 after acquiring an additional 53,034 shares during the period. Prudential Financial Inc. grew its holdings in Sensata Technologies by 94.7% during the 4th quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock worth $5,853,000 after acquiring an additional 103,897 shares during the period. Kempner Capital Management Inc. grew its holdings in Sensata Technologies by 233.9% during the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after acquiring an additional 146,449 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Sensata Technologies by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock worth $29,059,000 after acquiring an additional 19,233 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ST. Wells Fargo & Company boosted their price objective on Sensata Technologies from $23.00 to $26.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. UBS Group cut their price target on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. The Goldman Sachs Group boosted their price target on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Wall Street Zen upgraded Sensata Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, JPMorgan Chase & Co. cut their price target on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Sensata Technologies currently has a consensus rating of "Hold" and a consensus target price of $34.08.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.