Benchmark Electronics (NYSE:BHE) SVP Stephen Beaver Sells 8,750 Shares

Benchmark Electronics, Inc. (NYSE:BHEGet Free Report) SVP Stephen Beaver sold 8,750 shares of Benchmark Electronics stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $46.92, for a total transaction of $410,550.00. Following the transaction, the senior vice president directly owned 86,995 shares in the company, valued at $4,081,805.40. The trade was a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Benchmark Electronics Stock Up 0.6%

Shares of NYSE:BHE opened at $47.41 on Wednesday. Benchmark Electronics, Inc. has a 52 week low of $30.73 and a 52 week high of $50.26. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.50 and a current ratio of 2.32. The company has a market capitalization of $1.69 billion, a PE ratio of 46.48 and a beta of 1.05. The company has a 50 day moving average price of $42.75 and a two-hundred day moving average price of $40.35.

Benchmark Electronics (NYSE:BHEGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The company had revenue of $680.68 million for the quarter, compared to analysts’ expectations of $661.67 million. During the same period last year, the firm posted $0.57 earnings per share. The business’s quarterly 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.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wall Street Zen raised Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a research report on Wednesday, October 8th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $51.00 price objective on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.00.

Check Out Our Latest Analysis on Benchmark Electronics

Institutional Trading of Benchmark Electronics

Several hedge funds and other institutional investors have recently modified their holdings of the company. Aster Capital Management DIFC Ltd bought a new stake in shares of Benchmark Electronics in the third quarter valued at about $40,000. New Age Alpha Advisors LLC acquired a new stake in Benchmark Electronics in the 1st quarter valued at approximately $56,000. Versant Capital Management Inc lifted its stake in Benchmark Electronics by 21.2% in the 3rd quarter. Versant Capital Management Inc now owns 2,323 shares of the technology company’s stock valued at $90,000 after acquiring an additional 407 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Benchmark Electronics by 215.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock worth $116,000 after acquiring an additional 2,048 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Benchmark Electronics by 12.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after acquiring an additional 358 shares during the last quarter. Institutional investors and hedge funds own 92.29% of the company’s stock.

Benchmark Electronics Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Benchmark Electronics (NYSE:BHE)

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