Executive Chairman Mehrabian sells 31,537 shares at avg $512.21 for $16.2M, reducing stake by 17.9%
Robert Mehrabian, Executive Chairman of Teledyne Technologies, executed 5 separate sales totaling 31,537 shares for $16,153,640.05 on 2025-02-06 and 2025-02-07, with transaction prices ranging from $510.33 to $514.70 and a blended average of $512.21. This represents a material reduction in his holdings from 176,090 shares to 144,553 shares, a -17.9% decrease. His prior trade history at Teledyne shows recent sells on 2025-01-31 (outcomes not yet measurable) and three sales on 2024-11-11 that posted modest negative 30-day returns (-3.3%, -1.3%, -1.5%), with all timing assessments at TDY still in development. Across his broader cross-ticker track record of 15 prior sells, the 90-day well-timed rate stands at 33.33% with an average 90-day return of +1.1%, indicating his sells have only modestly predicted subsequent declines. The current stock price of $511.56 sits near the transaction prices and within 1.4% of the 52-week high of $518.84, with strong recent momentum: +10.7% over 30 days and +4.6% over 90 days.