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Director Michael T. Smith of Teledyne Technologies (NASDAQ:NYSE:TDY) sold 1,975 shares of common stock on July 28, 2025, at a price of $560.10, totaling approximately $1.1 million. The transaction occurred as the stock trades near its 52-week high of $570.56, with the company now valued at $26 billion. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction resulted in Smith owning 51,328 shares directly,
In other recent news, Teledyne Technologies reported impressive second-quarter results for 2025, surpassing Wall Street expectations. The company achieved earnings per share of $5.20, outperforming the anticipated $5.05. Additionally, Teledyne’s revenue reached $1.51 billion, exceeding the forecasted $1.48 billion. Following these strong results, Needham raised its price target for Teledyne to $585 from $550, maintaining a Buy rating. The firm highlighted the 10.2% increase in Teledyne’s Q2 sales, which outpaced the expected 7% growth. This growth may have been influenced by global trade policies driving demand. Despite these positive developments, Teledyne’s stock experienced a decline in pre-market trading. These recent developments underscore the company’s robust financial performance and the positive outlook from analysts.
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