Benchmark Electronics (NYSE:BHE) CEO Sells $475,500.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) CEO Jeff Benck sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $47.55, for a total value of $475,500.00. Following the completion of the transaction, the chief executive officer directly owned 438,180 shares of the company’s stock, valued at $20,835,459. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Benchmark Electronics Stock Performance

Shares of NYSE BHE traded up $0.28 during midday trading on Tuesday, reaching $47.41. 190,435 shares of the stock were exchanged, compared to its average volume of 307,934. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 46.48 and a beta of 1.04. The firm has a 50-day simple moving average of $42.57 and a two-hundred day simple moving average of $40.27. Benchmark Electronics, Inc. has a twelve month low of $30.73 and a twelve month high of $50.26.

Benchmark Electronics (NYSE:BHE) last posted its earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.05. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The firm had revenue of $680.68 million during the quarter, compared to analysts’ expectations of $661.67 million. During the same period in the previous year, the business posted $0.57 EPS. The business’s revenue was up 3.5% compared to the same quarter last year. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Hedge Funds Weigh In On Benchmark Electronics

A number of institutional investors and hedge funds have recently bought and sold shares of the business. New Age Alpha Advisors LLC purchased a new position in Benchmark Electronics in the 1st quarter worth approximately $56,000. Nuveen LLC purchased a new position in Benchmark Electronics during the first quarter worth approximately $6,746,000. Linscomb Wealth Inc. acquired a new position in Benchmark Electronics during the first quarter worth $214,000. Public Sector Pension Investment Board grew its holdings in Benchmark Electronics by 27.2% in the 1st quarter. Public Sector Pension Investment Board now owns 114,140 shares of the technology company’s stock valued at $4,341,000 after buying an additional 24,407 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Benchmark Electronics by 73,607.2% in the 1st quarter. Russell Investments Group Ltd. now owns 50,858 shares of the technology company’s stock worth $1,934,000 after acquiring an additional 50,789 shares during the last quarter. 92.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on BHE shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, October 8th. Wall Street Zen upgraded Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Lake Street Capital reiterated a “buy” rating and set a $51.00 target price on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $49.00.

About Benchmark Electronics

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.