Benchmark Electronics (NYSE:BHE) CEO Sells $748,576.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHEGet Free Report) CEO Jeff Benck sold 14,900 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $50.24, for a total transaction of $748,576.00. Following the completion of the transaction, the chief executive officer owned 423,180 shares of the company’s stock, valued at approximately $21,260,563.20. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Jeff Benck also recently made the following trade(s):

  • On Tuesday, January 20th, Jeff Benck sold 100 shares of Benchmark Electronics stock. The stock was sold at an average price of $50.00, for a total transaction of $5,000.00.
  • On Monday, December 8th, Jeff Benck sold 10,000 shares of Benchmark Electronics stock. The stock was sold at an average price of $47.55, for a total transaction of $475,500.00.

Benchmark Electronics Stock Down 1.2%

Shares of BHE traded down $0.62 during mid-day trading on Thursday, reaching $50.94. The company’s stock had a trading volume of 224,712 shares, compared to its average volume of 203,887. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 49.94 and a beta of 1.03. The business has a fifty day moving average of $45.54 and a 200 day moving average of $42.09. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19. Benchmark Electronics, Inc. has a 1 year low of $30.73 and a 1 year high of $52.53.

Benchmark Electronics (NYSE:BHEGet Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $680.68 million during the quarter, compared to analyst estimates of $661.67 million. Benchmark Electronics had a return on equity of 6.15% and a net margin of 1.43%.The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period last year, the company posted $0.57 EPS. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 13th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.3%. Benchmark Electronics’s dividend payout ratio (DPR) is 66.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in 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. Lake Street Capital reissued a “buy” rating and set a $51.00 target price on shares of Benchmark Electronics in a research report on Wednesday, November 5th. Needham & Company LLC upped their price target on Benchmark Electronics from $47.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, October 8th. Two equities 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 stock presently has an average rating of “Moderate Buy” and a consensus target price of $53.00.

Read Our Latest Stock Analysis on Benchmark Electronics

Institutional Trading of Benchmark Electronics

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd acquired a new stake in Benchmark Electronics during the third quarter worth about $40,000. Versant Capital Management Inc increased its holdings 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 buying an additional 407 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Benchmark Electronics by 215.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company’s stock valued at $116,000 after buying an additional 2,048 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Benchmark Electronics by 12.9% in the third quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock valued at $120,000 after acquiring an additional 358 shares during the period. Finally, State of Wyoming acquired a new position in Benchmark Electronics in the second quarter worth about $137,000. 92.29% of the stock is currently owned by institutional investors and hedge funds.

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.

Recommended Stories

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

Receive News & Ratings for Benchmark Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benchmark Electronics and related companies with MarketBeat.com's FREE daily email newsletter.