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Teledyne Technologies (NYSE:TDY) NASDAQ:TDY President and CEO George C. Bobb III sold 6,735 shares of common stock on July 30, 2025, for a total of $3.74 million. The sales were executed in multiple trades within a price range of $555.345 to $556.2098. The transaction comes as Teledyne, currently valued at $25.67 billion, trades near its 52-week high of $570.56. According to InvestingPro analysis, the stock appears overvalued at current levels.
On the same day, Bobb also exercised options to acquire 6,735 shares of Teledyne Technologies stock at a price of $217.39, for a total value of $1464121. The stock has shown strong momentum, delivering a 30.51% return over the past year. Analysts maintain a bullish outlook, with InvestingPro data showing comprehensive insider trading patterns and valuation metrics available for subscribers.
Following these transactions, Bobb directly holds 10,391.44 shares of Teledyne Technologies, which includes 772 restricted shares and shares purchased under the Employee Stock Purchase Plan. This does not include 2,841 Restricted Stock Units. The company maintains a strong financial health score of 2.7 out of 4 according to InvestingPro’s comprehensive analysis framework.
In other recent news, Teledyne Technologies has reported robust second-quarter results for 2025, surpassing Wall Street expectations. The company achieved an earnings per share of $5.20, outperforming the forecasted $5.05. Additionally, Teledyne’s revenue reached $1.51 billion, exceeding the anticipated $1.48 billion. This strong performance was highlighted by a 10.2% increase in sales, surpassing the expected 7% growth. In light of these results, Needham has raised its price target for Teledyne to $585 from $550, maintaining a Buy rating. The firm noted that the company potentially benefited from pull-in demand due to global trade policies. Despite the positive earnings report, Teledyne’s stock experienced a decline in pre-market trading.
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