Sensata Technologies Holding N.V. (NYSE:ST) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 13,190,450 shares, a decline of 14.1% from the August 31st total of 15,363,985 shares. Currently, 7.7% of the company’s stock are sold short. Based on an average daily volume of 898,441 shares, the days-to-cover ratio is presently 14.7 days.

In other Sensata Technologies Holding N.V. news, Director Thomas Wroe, Jr. sold 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $46.47, for a total value of $2,091,150.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 134,105 shares of company stock worth $6,047,976 over the last 90 days. 1.00% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP lifted its position in Sensata Technologies Holding N.V. by 19.7% in the first quarter. First Trust Advisors LP now owns 70,261 shares of the scientific and technical instruments company’s stock worth $3,068,000 after purchasing an additional 11,543 shares during the period. Bank of New York Mellon Corp boosted its stake in Sensata Technologies Holding N.V. by 8.4% during the first quarter. Bank of New York Mellon Corp now owns 287,190 shares of the scientific and technical instruments company’s stock worth $12,542,000 after buying an additional 22,376 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in Sensata Technologies Holding N.V. by 97.5% during the first quarter. UBS Asset Management Americas Inc. now owns 696,341 shares of the scientific and technical instruments company’s stock worth $30,409,000 after buying an additional 343,674 shares in the last quarter. Karp Capital Management Corp acquired a new stake in Sensata Technologies Holding N.V. during the first quarter worth $789,000. Finally, Sei Investments Co. boosted its stake in Sensata Technologies Holding N.V. by 37.0% during the first quarter. Sei Investments Co. now owns 48,390 shares of the scientific and technical instruments company’s stock worth $2,113,000 after buying an additional 13,079 shares in the last quarter.

Shares of Sensata Technologies Holding N.V. (NYSE ST) opened at 48.34 on Tuesday. The company has a market cap of $8.28 billion, a price-to-earnings ratio of 28.95 and a beta of 1.47. Sensata Technologies Holding N.V. has a 1-year low of $35.10 and a 1-year high of $48.80. The firm’s 50-day moving average is $47.23 and its 200 day moving average is $47.23.

Sensata Technologies Holding N.V. (NYSE:ST) last posted its quarterly earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.78 by $0.03. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The firm had revenue of $839.90 million during the quarter, compared to analysts’ expectations of $835.09 million. During the same quarter in the prior year, the firm posted $0.73 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Equities analysts expect that Sensata Technologies Holding N.V. will post $3.17 EPS for the current fiscal year.

Several research firms recently issued reports on ST. BMO Capital Markets set a $42.00 price target on shares of Sensata Technologies Holding N.V. and gave the company a “hold” rating in a report on Wednesday, July 26th. Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Tuesday, September 12th. Barclays PLC reissued an “overweight” rating and set a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Friday, July 7th. Royal Bank Of Canada reissued an “outperform” rating and set a $50.00 price objective (up from $46.00) on shares of Sensata Technologies Holding N.V. in a report on Wednesday, July 26th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $48.00 target price on shares of Sensata Technologies Holding N.V. in a research report on Friday, July 14th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $49.38.

COPYRIGHT VIOLATION WARNING: “Short Interest in Sensata Technologies Holding N.V. (ST) Drops By 14.1%” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another publication, it was stolen and republished in violation of international copyright legislation. The correct version of this story can be viewed at https://www.thecerbatgem.com/2017/10/03/short-interest-in-sensata-technologies-holding-n-v-st-drops-by-14-1.html.

Sensata Technologies Holding N.V. Company Profile

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

Receive News & Stock Ratings for Sensata Technologies Holding N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies Holding N.V. and related stocks with our FREE daily email newsletter.