Rhonda Turner Sells 10,000 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Rhonda Turner sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $46.90, for a total value of $469,000.00. Following the completion of the sale, the senior vice president owned 44,701 shares of the company’s stock, valued at $2,096,476.90. The trade was a 18.28% 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 4.0%

Shares of BHE opened at $49.28 on Thursday. Benchmark Electronics, Inc. has a 1 year low of $30.73 and a 1 year high of $50.26. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.32 and a quick ratio of 1.50. The stock has a 50 day simple moving average of $42.97 and a two-hundred day simple moving average of $40.41. The firm has a market cap of $1.76 billion, a P/E ratio of 48.32 and a beta of 1.05.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data 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 firm had revenue of $680.68 million during the quarter, compared to analyst estimates of $661.67 million. During the same period in the previous year, the business posted $0.57 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Lake Street Capital reiterated a “buy” rating and issued a $51.00 price objective on shares of Benchmark Electronics in a report on Wednesday, November 5th. 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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $49.00.

Institutional Investors Weigh In On Benchmark Electronics

A number of large investors have recently added to or reduced their stakes in BHE. Aster Capital Management DIFC Ltd bought a new position in shares of Benchmark Electronics during the third quarter valued at about $40,000. New Age Alpha Advisors LLC purchased a new position in Benchmark Electronics during the 1st quarter valued at about $56,000. Versant Capital Management Inc increased its holdings in Benchmark Electronics by 21.2% during the 3rd quarter. Versant Capital Management Inc now owns 2,323 shares of the technology company’s stock valued at $90,000 after purchasing an additional 407 shares during the period. Tower Research Capital LLC TRC raised 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 valued at $116,000 after purchasing an additional 2,048 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Benchmark Electronics by 12.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,124 shares of the technology company’s stock worth $120,000 after buying an additional 358 shares during the period. Institutional investors own 92.29% of the company’s stock.

Benchmark Electronics Company Profile

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.