Littelfuse, Inc. (NASDAQ:LFUS), saw two insiders alter their stakes in the company. Director John E. Major rose his holdings with the company by purchasing 1,000 shares of common stock at an average of 95$ per share; Mary S. Muchoney lowered her stake in the company by disposing of 1,000 shares at an average of $95 per share. Following these transactions, Major now directly holds 26,039 shares while Muchoney directly holds 4,802 shares in the $2.18 billion market cap supplier of circuit protection products for the electronics, automotive and electrical industries.
These insider’s are not alone in their moves, as multiple hedge funds have shown movement in their exposure to Littelfuse, Inc. (NASDAQ:LFUS) in recent months. Royce & Associates, the hedge fund run by Chuck Royce, reported a decrease of 21% last quarter, now holding 1,159,073 shares worth approximately $108.5 million; while John W. Roger‘s Ariel Investments lowered it’s position in the company by 7%, and now holds 932,339 shares worth $87.3 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
