Sensata Technologies (NYSE:ST) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Sensata Technologies Holding N.V. (NYSE:ST) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.32 and traded as high as $45.26. Sensata Technologies shares last traded at $44.4320, with a volume of 1,519,442 shares.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Barclays lowered Sensata Technologies from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $49.00 to $53.00 in a report on Friday, May 29th. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Bank of America upped their price target on Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Oppenheimer increased their price objective on Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, UBS Group restated a “buy” rating and set a $57.00 price objective on shares of Sensata Technologies in a research report on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $48.60.

Sensata Technologies Trading Up 0.0%

The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 144.14, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27. The company’s 50 day simple moving average is $48.14 and its two-hundred day simple moving average is $40.40.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. The company had revenue of $934.80 million during the quarter. Research analysts expect that Sensata Technologies Holding N.V. will post 3.73 EPS for the current fiscal year.

Insider Transactions at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of Sensata Technologies stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the sale, the executive vice president owned 39,687 shares of the company’s stock, valued at approximately $1,881,163.80. This trade represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.65% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Janus Henderson Group PLC lifted its holdings in shares of Sensata Technologies by 1.1% during the 1st quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company’s stock valued at $366,376,000 after buying an additional 112,819 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Sensata Technologies by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company’s stock worth $260,302,000 after buying an additional 125,127 shares during the last quarter. Woodline Partners LP increased its holdings in Sensata Technologies by 165.4% in the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after buying an additional 3,100,927 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in Sensata Technologies by 28.7% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock valued at $143,600,000 after acquiring an additional 961,457 shares in the last quarter. Finally, Pzena Investment Management LLC raised its position in Sensata Technologies by 380.4% during the fourth quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock valued at $116,828,000 after acquiring an additional 2,778,918 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.