Stephen Beaver Sells 1,250 Shares of Benchmark Electronics (NYSE:BHE) Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Stephen Beaver sold 1,250 shares of Benchmark Electronics stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $48.00, for a total value of $60,000.00. Following the sale, the senior vice president directly owned 85,745 shares in the company, valued at approximately $4,115,760. The trade was a 1.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Benchmark Electronics Stock Performance

Shares of BHE stock opened at $49.28 on Thursday. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 48.32 and a beta of 1.05. Benchmark Electronics, Inc. has a one year low of $30.73 and a one year high of $50.26. The company’s 50-day simple moving average is $42.97 and its 200-day simple moving average is $40.41. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.50 and a current ratio of 2.32.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data 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 return on equity of 6.15% and a net margin of 1.43%.The firm had revenue of $680.68 million for the quarter, compared to analysts’ expectations of $661.67 million. During the same quarter in the prior year, the firm posted $0.57 earnings per share. Benchmark Electronics’s revenue for the quarter 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.

Institutional Investors Weigh In On Benchmark Electronics

Large investors have recently made changes to their positions in the company. American Century Companies Inc. increased its stake in shares of Benchmark Electronics by 3.6% during the second quarter. American Century Companies Inc. now owns 1,298,260 shares of the technology company’s stock valued at $50,411,000 after acquiring an additional 45,602 shares during the period. Voya Investment Management LLC lifted its position in Benchmark Electronics by 89.6% in the first quarter. Voya Investment Management LLC now owns 34,004 shares of the technology company’s stock worth $1,293,000 after purchasing an additional 16,069 shares during the period. Assenagon Asset Management S.A. boosted its stake in Benchmark Electronics by 20.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 70,708 shares of the technology company’s stock valued at $2,746,000 after purchasing an additional 12,136 shares in the last quarter. Summit Global Investments increased its position in shares of Benchmark Electronics by 157.9% during the 2nd quarter. Summit Global Investments now owns 30,123 shares of the technology company’s stock valued at $1,170,000 after purchasing an additional 18,444 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Benchmark Electronics by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock valued at $34,461,000 after purchasing an additional 12,444 shares during the period. Institutional investors and hedge funds own 92.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on BHE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Benchmark Electronics in a report on Wednesday, October 8th. Wall Street Zen raised shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Lake Street Capital reiterated a “buy” rating and set a $51.00 price objective on shares of Benchmark Electronics in a research note on Wednesday, November 5th. 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, the stock presently 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.