Insider Selling: Benchmark Electronics (NYSE:BHE) SVP Sells 10,000 Shares of Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Rhonda Turner sold 10,000 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $46.90, for a total value of $469,000.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Benchmark Electronics Stock Performance

BHE traded up $0.28 during midday trading on Tuesday, hitting $47.41. 190,435 shares of the company traded hands, compared to its average volume of 307,934. The firm has a market capitalization of $1.69 billion, a PE ratio of 46.48 and a beta of 1.04. The company has a quick ratio of 1.50, a current ratio of 2.32 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average is $42.57 and its 200 day moving average is $40.27. Benchmark Electronics, Inc. has a 52 week low of $30.73 and a 52 week high of $50.26.

Benchmark Electronics (NYSE:BHE) last announced its earnings results 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. The company had revenue of $680.68 million during the quarter, compared to analyst estimates of $661.67 million. Benchmark Electronics had a net margin of 1.43% and a return on equity of 6.15%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.57 earnings per share. Benchmark Electronics has set its Q4 2025 guidance at 0.620-0.680 EPS.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on BHE shares. Weiss Ratings restated 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 reaffirmed a “buy” rating and set a $51.00 target price on shares of Benchmark Electronics in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $49.00.

Hedge Funds Weigh In On Benchmark Electronics

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. American Century Companies Inc. grew its holdings in Benchmark Electronics by 3.6% in 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 purchasing an additional 45,602 shares during the period. Voya Investment Management LLC increased its position in Benchmark Electronics by 89.6% during the 1st 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 in the last quarter. Assenagon Asset Management S.A. lifted its position in Benchmark Electronics by 20.7% during the second quarter. Assenagon Asset Management S.A. now owns 70,708 shares of the technology company’s stock valued at $2,746,000 after buying an additional 12,136 shares in the last quarter. Summit Global Investments grew its stake in Benchmark Electronics by 157.9% during the second quarter. Summit Global Investments now owns 30,123 shares of the technology company’s stock worth $1,170,000 after buying an additional 18,444 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Benchmark Electronics by 1.4% in the second quarter. Geode Capital Management LLC now owns 887,370 shares of the technology company’s stock worth $34,461,000 after acquiring an additional 12,444 shares in the last quarter. 92.29% of the stock is currently owned by hedge funds and other institutional investors.

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.