Insider Trader Watch: Esterline Technologies Corporation $ESL

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Esterline Technologies Corporation (NYSE:ESL) insiders have most recently took part in a trading activity. On Dec 5, 2017 Howell Mary L, Director bought 2,858 shares having total worth of $202,318 at the price of $70.79 per share, following the transaction a total of 13,350 shares owned by Howell Mary L.

On the same day, Larsen Nils, Director bought 1,450 shares having total worth of $101,645 at the price of $70.1 per share, following the transaction a total of 4,140 shares owned by Larsen Nils. Before this latest buy, Larsen Nils purchased ESL at 1 other times during the past twelve months, for a total investment of $102,240 at an average of $70.51 per share.

The stock has experienced a total of 11 insider trades in the past three months. These trades include 8 sell activities and 3 buy trades. Furthermore, over the past 12 months , the stock was traded 23 times by insiders. In 20 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 3 8 -29.23%
12 Month 3 20 20.32%

Shares of Esterline Technologies Corporation (NYSE:ESL) traded down 1.49% on Dec 6, 2017, hitting $69.35. 191,415 shares of the company’s stock traded hands. Esterline Technologies Corporation has a 52 week low of $57.64 and a 52 week high of $101.6. The company’s market cap is $2,220 million.

Esterline Technologies Corporation (NYSE:ESL) last announced its earnings results on Nov 9, 2017. The company reported 1.27 earnings per share (EPS) for the quarter, lower than the consensus estimate of 1.53 by $0.26. The company had revenue of $532 million for the quarter, compared to the consensus estimate of $540 million. During the same quarter in the previous year, the company posted 1.96 earnings per share. The company’s revenue for the quarter was down 2% on a year-over-year basis.

2017-11-09 2017-08-03 2017-05-04 2017-02-02 2016-11-10 2016-08-04 2016-05-05 2016-02-04 2015-11-19 2015-09-03
earnings per share 1.27 1.08 1.20 0.82 1.96 1.38 0.92 0.62 1.33 1.33
Revenue(M) 531.53 503.75 509.18 457.73 543.75 517.09 490.31 441.48 349.63 496.22

Esterline Technologies Corporation, a Delaware corporation formed in 1967, is a specialized manufacturing company mainly serving aerospace and defense customers. It designs, manufactures and markets highly engineered products. The Company serves the aerospace and defense industry, mainly in the United States and Europe. It also serves the industrial/commercial and medical markets. Its current business and strategic growth plan focuses on the continuous development of these products in three key technology segments – avionics and controls, sensors and systems, and advanced materials including thermally engineered components and specialized high-performance elastomers and other complex materials, mainly for aerospace and defense markets. Its Avionics & Controls business segment includes avionics systems, control systems, interface technologies and communication systems capabilities. Avionics systems designs and develops cockpit systems integration and avionics solutions for commercial and military applications. The Company’s Sensors & Systems business segment includes power systems and advanced sensors capabilities. it develops and manufactures high-precision temperature, pressure and speed sensors, electrical power switching, control and data communication devices, and other related systems mainly for aerospace and defense customers. Its Advanced Materials business segment includes engineered materials and defense technologies capabilities. It develops and manufactures high-performance elastomer products used in a wide range of commercial aerospace, space, and military applications, and highly engineered thermal components for commercial aerospace and industrial applications. The Company’s main competitors include Astronautics, BAE, Bose, Eaton, Elbit, EMS, GE Aerospace, Honeywell, IAI, L-3, Otto Controls, RAFI, Rockwell Collins, SELEX, Telephonics, Thales, Ultra Electronics, Universal Avionics Systems Corporation, and Zodiac in its Avionics & Controls segment; Ametek, Amphenol, Eaton, Goodrich, Hamilton Sundstrand, Meggitt, MPC Products, STPI-Deutsch, Tyco, and Zodiac in its Sensors & Systems segment; and Chemring, Doncasters, Hi-Temp, J&M, JPR Hutchinson, Kmass, Meggitt (including Dunlop Standard Aerospace Group), Rheinmetall, Trelleborg, ULVA, and UMPCO in its Advanced Materials segment. The Company is subject to various laws and regulations that are more restrictive than those applicable to private sector contractors.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.