Richardson Electronics (NASDAQ:RELL) EVP Sells $712,875.00 in Stock

Richardson Electronics, Ltd. (NASDAQ:RELL) EVP Jens Frank Ruppert sold 37,500 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $19.01, for a total value of $712,875.00. Following the completion of the transaction, the executive vice president owned 2,000 shares in the company, valued at $38,020. This trade represents a 94.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Richardson Electronics Price Performance

Shares of NASDAQ:RELL traded up $1.32 during trading on Thursday, reaching $18.02. The company had a trading volume of 154,035 shares, compared to its average volume of 195,096. The firm has a market capitalization of $262.30 million, a price-to-earnings ratio of 40.97, a price-to-earnings-growth ratio of 1.92 and a beta of 1.26. The stock’s fifty day moving average price is $17.51 and its 200 day moving average price is $14.34. Richardson Electronics, Ltd. has a fifty-two week low of $9.37 and a fifty-two week high of $23.15.

Richardson Electronics (NASDAQ:RELL) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.14. Richardson Electronics had a return on equity of 3.57% and a net margin of 2.79%.The firm had revenue of $66.20 million during the quarter, compared to the consensus estimate of $55.37 million. On average, equities analysts anticipate that Richardson Electronics, Ltd. will post 0.39 EPS for the current fiscal year.

Richardson Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Friday, August 7th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 7th. Richardson Electronics’s payout ratio is 54.55%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on RELL shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Richardson Electronics in a report on Monday, July 20th. Zacks Research raised Richardson Electronics from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Finally, Northland Securities upgraded Richardson Electronics from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $14.00 to $24.00 in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Richardson Electronics currently has a consensus rating of “Buy” and a consensus target price of $24.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in RELL. Tower Research Capital LLC TRC increased its holdings in Richardson Electronics by 298.8% in the second quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company’s stock valued at $40,000 after buying an additional 3,117 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Richardson Electronics in the 2nd quarter worth approximately $57,000. Los Angeles Capital Management LLC purchased a new position in Richardson Electronics in the 4th quarter valued at approximately $91,000. Engineers Gate Manager LP purchased a new position in Richardson Electronics in the 2nd quarter valued at approximately $103,000. Finally, Deutsche Bank AG raised its holdings in Richardson Electronics by 150.3% during the fourth quarter. Deutsche Bank AG now owns 11,421 shares of the technology company’s stock worth $124,000 after purchasing an additional 6,858 shares during the last quarter. 71.95% of the stock is currently owned by institutional investors and hedge funds.

Richardson Electronics News Summary

Here are the key news stories impacting Richardson Electronics this week:

• Positive Sentiment: Northland raised its FY2027 EPS forecast to $0.62 from $0.39 and increased its Q4 2027 estimate to $0.27 from $0.07. These revisions suggest the analyst expects substantially stronger profitability than previously anticipated.
• Positive Sentiment: The analyst projects additional earnings growth into FY2028, including $0.87 EPS, with estimates of $0.22 for Q3 2028 and $0.30 for Q4 2028. The longer-term outlook supports Northland’s bullish rating and price target.
• Positive Sentiment: The estimates follow Richardson Electronics’ latest quarterly report, which exceeded expectations: EPS was $0.21 versus a $0.07 consensus estimate, while revenue reached $66.2 million compared with expectations of $55.37 million. The strong beat may have increased confidence in the company’s earnings trajectory.
• Neutral Sentiment: Not all revisions were higher. Northland reduced its Q1 2027 EPS forecast to $0.09 from $0.11, while raising Q2 2027 to $0.11 from $0.07 and Q3 2027 to $0.15 from $0.13. The mixed quarterly changes indicate some near-term variability, despite a stronger overall medium-term outlook.

Richardson Electronics Company Profile

Richardson Electronics, Ltd. (NASDAQ:RELL) is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.