Ali John Mirshekari Buys 73,137 Shares of Sensata Technologies Holding plc (NYSE:ST) Stock

Sensata Technologies Holding plc (NYSE:ST) Director Ali John Mirshekari acquired 73,137 shares of Sensata Technologies stock in a transaction on Thursday, May 2nd. The shares were purchased at an average price of $39.17 per share, with a total value of $2,864,776.29. Following the completion of the purchase, the director now owns 73,137 shares in the company, valued at approximately $2,864,776.29. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sensata Technologies Price Performance

NYSE:ST traded up $1.03 during trading hours on Monday, hitting $41.10. 3,924,531 shares of the stock traded hands, compared to its average volume of 2,218,468. The company has a quick ratio of 1.74, a current ratio of 2.64 and a debt-to-equity ratio of 1.14. The stock has a 50 day moving average price of $35.49 and a 200 day moving average price of $34.71. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $47.41. The company has a market cap of $6.19 billion, a price-to-earnings ratio of -364.24, a price-to-earnings-growth ratio of 0.97 and a beta of 1.32.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.86 by $0.03. Sensata Technologies had a negative net margin of 0.35% and a positive return on equity of 17.58%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $986.51 million. During the same quarter in the previous year, the company earned $0.92 EPS. The business’s quarterly revenue was up .9% compared to the same quarter last year. Sell-side analysts forecast that Sensata Technologies Holding plc will post 3.75 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, May 7th. This represents a $0.48 annualized dividend and a yield of 1.17%. Sensata Technologies’s dividend payout ratio (DPR) is currently -436.32%.

Analyst Ratings Changes

ST has been the subject of a number of analyst reports. Oppenheimer upgraded shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective for the company in a research note on Tuesday, January 30th. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price objective (down from $44.00) on shares of Sensata Technologies in a research note on Tuesday, April 9th. Truist Financial lifted their price target on shares of Sensata Technologies from $36.00 to $46.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. Bank of America lowered shares of Sensata Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $46.00 to $38.00 in a research note on Wednesday, February 7th. Finally, Stifel Nicolaus lifted their price target on shares of Sensata Technologies from $36.00 to $43.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Sensata Technologies has a consensus rating of “Hold” and a consensus target price of $43.78.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC boosted its holdings in Sensata Technologies by 1,389.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company’s stock valued at $28,000 after acquiring an additional 681 shares during the period. Principal Securities Inc. bought a new stake in shares of Sensata Technologies during the fourth quarter worth $29,000. Parkside Financial Bank & Trust lifted its position in shares of Sensata Technologies by 761.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 784 shares during the last quarter. Covestor Ltd raised its holdings in shares of Sensata Technologies by 71.6% in the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock valued at $47,000 after acquiring an additional 521 shares in the last quarter. Finally, TFO Wealth Partners LLC raised its holdings in shares of Sensata Technologies by 17,818.8% in the fourth quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock valued at $108,000 after acquiring an additional 2,851 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

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.