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Malavika Sagar, SVP, Chief Human Resources Officer at TE Connectivity (NYSE:TEL), sold 1,945 common shares of the company on July 28, 2025, at a price of $207.2, for a total transaction value of $403,004. Following the transaction, Sagar directly owns 4,715.97 shares of TE Connectivity, a $61.8 billion market cap company. The sale comes as TEL trades near its 52-week high of $210.05, with a notable 16% gain in the past week. According to InvestingPro analysis, the stock appears overvalued at current levels, with multiple indicators suggesting overbought conditions. For deeper insights into TEL’s valuation and 14+ additional expert tips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, TE Connectivity reported impressive financial results for the June quarter, with revenue reaching $4.53 billion and earnings per share at $2.27. These figures surpassed analysts’ expectations, which had projected revenue of $4.32 billion and earnings per share of $2.08. The company experienced a 13.9% increase in sales year-over-year, with organic growth of 9%, driven by strong performance in the Transportation and Industrial segments. Additionally, TE Connectivity’s third-quarter results showed record-breaking adjusted earnings and sales, attributed to significant growth in its Industrial segment.
In terms of analyst activity, BofA Securities raised its price target for TE Connectivity to $220 from $190, citing the company’s robust artificial intelligence revenue growth. BofA anticipates that TE Connectivity’s AI revenue will exceed $800 million in fiscal year 2025, up from approximately $300 million in fiscal 2024. Evercore ISI also increased its price target for the company, moving it to $200 from $195, while maintaining an Outperform rating. These recent developments highlight the company’s strong financial performance and positive outlook from analysts.
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