Benchmark Electronics (NYSE:BHE) CEO Sells $1,094,625.00 in Stock

by · The Cerbat Gem

Benchmark Electronics, Inc. (NYSE:BHEGet Free Report) CEO David Moezidis sold 12,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $87.57, for a total transaction of $1,094,625.00. Following the sale, the chief executive officer directly owned 85,564 shares of the company’s stock, valued at approximately $7,492,839.48. This trade represents a 12.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Benchmark Electronics Stock Performance

Shares of Benchmark Electronics stock opened at $84.58 on Friday. The company has a 50 day moving average of $70.10 and a 200-day moving average of $56.94. Benchmark Electronics, Inc. has a 1-year low of $34.44 and a 1-year high of $89.40. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. The company has a market cap of $3.03 billion, a PE ratio of 89.03 and a beta of 1.28.

Benchmark Electronics (NYSE:BHEGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. Benchmark Electronics had a net margin of 1.27% and a return on equity of 6.63%. The company had revenue of $677.28 million during the quarter, compared to the consensus estimate of $676.25 million. During the same quarter in the prior year, the firm posted $0.52 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Benchmark Electronics’s dividend payout ratio is 71.58%.

Hedge Funds Weigh In On Benchmark Electronics

Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. raised its stake in shares of Benchmark Electronics by 69.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 609 shares of the technology company’s stock valued at $26,000 after acquiring an additional 250 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of Benchmark Electronics during the third quarter valued at $40,000. Kestra Advisory Services LLC bought a new position in shares of Benchmark Electronics during the fourth quarter valued at $42,000. Clearstead Advisors LLC raised its stake in shares of Benchmark Electronics by 246.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,363 shares of the technology company’s stock valued at $58,000 after acquiring an additional 970 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Benchmark Electronics by 28.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,446 shares of the technology company’s stock worth $62,000 after buying an additional 322 shares during the period. Institutional investors own 92.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BHE. Lake Street Capital reissued a “buy” rating and issued a $92.00 price objective on shares of Benchmark Electronics in a research note on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Benchmark Electronics in a research note on Monday, April 20th. Needham & Company LLC increased their price objective on shares of Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Wall Street Zen raised shares of Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Benchmark Electronics presently has an average rating of “Moderate Buy” and a consensus price target of $86.00.

Check Out Our Latest Analysis on BHE

Benchmark Electronics Company Profile

(Get Free Report)

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.

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