SanDisk (NASDAQ:SNDK) CEO Sanjay Mehrotra sold 57,875 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The shares were sold at an average price of $84.52, for a total transaction of $4,891,595.00. SanDisk Corporation (NASDAQ:SNDK) shares after opening at $83.10 moved to $85.37 on last trade day and at the end of the day closed at $80.95. Company price to sales ratio in past twelve months was calculated as 2.96 and price to cash ratio as 6.28. SanDisk Corporation (NASDAQ:SNDK) showed a positive weekly performance of 0.42%.
On Monday, Linear Technology Corporation (Nasdaq:LLTC) called for redemption on May 1, 2014 all of the outstanding principal amount of its 3.00% Convertible Senior Notes due May 1, 2027 (the “Notes”). The aggregate principal amount of the Notes currently outstanding is approximately $845 million. The CUSIP numbers for the Notes being called for redemption are 535678AA4 and 535678 C02. Linear Technology Corporation (NASDAQ:LLTC) shares fell -2.49% in last trading session and ended the day on $48.46. LLTC return on equity ratio is recorded as 41.30% and its return on assets is 19.70%. Linear Technology Corporation (NASDAQ:LLTC) yearly performance is 39.53%.
Western Digital Corp. (NASDAQ:WDC) announced that the company will release its financial results for the third fiscal quarter ended Mar. 28, 2014 after the close of the market on Wednesday, Apr. 30, 2014. Western Digital Corp (NASDAQ:WDC) shares moved down -3.17% in last trading session and was closed at $90.50 while trading in range of $90.01 – $95.00 – Western Digital Corp (NASDAQ:WDC) year to date (YTD) performance is 8.23%.
TE Connectivity Ltd. (NYSE:TEL) announced that it has signed a definitive agreement to acquire the SEACON group, a leading provider of underwater connector technology and systems, for $490 million in cash. The SEACON group serves the military marine and sub-sea sectors for remotely operated vehicles (ROV) / autonomous underwater vehicles (AUV), oil and gas, environmental and oceanographic applications. TE Connectivity Ltd (NYSE:TEL) weekly performance is 0.79%. On last trading day company shares ended up $59.98. TE Connectivity Ltd (NYSE:TEL) distance from 50-day simple moving average (SMA50) is 3.51%. Analysts mean target price for the company is $66.09.
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