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Insider sells significant shares in TE Connectivity despite company reporting strong earnings.
TE Connectivity Ltd., a Swiss electronics company, saw insider Aaron Kyle Stucki sell 13,100 shares on June 26th, reducing his ownership by 35.64%.
The company recently reported strong earnings, beating estimates with $2.10 EPS and a 4.4% revenue increase.
TE Connectivity, operating in three segments, has a market cap of $49.48 billion and is rated a "Moderate Buy" with a price target of $162.50.
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Insider vende acciones significativas en TE Connectivity a pesar de que la compañía reportó fuertes ganancias.