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TE Connectivity (NYSE:TEL), a prominent $61.8 billion player in the Electronic Equipment industry, saw Senior Vice President, Sagar Malavika, sell 1,945 common shares of the company on July 28, 2025, for $403,004.
The shares were sold at a price of $207.2, close to the current trading price of $209.23. The stock is currently trading near its 52-week high of $210.05, with InvestingPro analysis indicating overbought conditions. Following the transaction, Sagar Malavika directly owns 4,715.97 shares of TE Connectivity. For deeper insights into insider trading patterns and 15+ additional exclusive ProTips, explore InvestingPro’s comprehensive analysis tools.
In other recent news, TE Connectivity reported strong financial results for the June quarter, with revenue reaching $4.53 billion and earnings per share at $2.27. These figures surpassed analyst expectations, which had estimated revenue at $4.32 billion and earnings per share at $2.08. The company experienced a 13.9% year-over-year sales increase, with organic growth of 9%, primarily driven by its Transportation and Industrial segments. TE Connectivity also reported record third-quarter results, highlighting robust growth in its Industrial segment.
Analyst firms have reacted positively to these developments. BofA Securities raised its price target for TE Connectivity to $220, citing significant growth in the company’s artificial intelligence revenue. The firm anticipates AI revenue to exceed $800 million by fiscal year 2025, compared to approximately $300 million in fiscal 2024. Evercore ISI also adjusted its price target upward to $200, maintaining an Outperform rating on the stock. These recent developments indicate a favorable outlook from analysts on TE Connectivity’s performance and growth potential.
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