Insider Selling: Richardson Electronics (NASDAQ:RELL) CFO Sells $150,000.00 in Stock

Richardson Electronics, Ltd. (NASDAQ:RELLGet Free Report) CFO Robert Ben sold 7,500 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $20.00, for a total transaction of $150,000.00. Following the transaction, the chief financial officer directly owned 60,534 shares of the company’s stock, valued at approximately $1,210,680. This represents a 11.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Richardson Electronics Stock Up 0.9%

Shares of NASDAQ:RELL opened at $18.29 on Friday. Richardson Electronics, Ltd. has a twelve month low of $9.37 and a twelve month high of $23.15. The company has a market cap of $266.30 million, a price-to-earnings ratio of 41.57, a PEG ratio of 1.45 and a beta of 1.26. The business has a 50 day moving average price of $17.52 and a 200 day moving average price of $14.42.

Richardson Electronics (NASDAQ:RELLGet Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.14. Richardson Electronics had a net margin of 2.79% and a return on equity of 3.57%. The business had revenue of $66.20 million for the quarter, compared to the consensus estimate of $55.37 million. Analysts anticipate that Richardson Electronics, Ltd. will post 0.5 EPS for the current year.

Richardson Electronics Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Northland Securities upgraded shares of Richardson Electronics from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $14.00 to $24.00 in a research note on Tuesday, July 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Richardson Electronics in a research report on Monday, July 20th. Finally, Zacks Research raised Richardson Electronics from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Richardson Electronics has a consensus rating of “Buy” and an average target price of $24.00.

Check Out Our Latest Research Report on RELL

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Richardson Electronics during the 1st quarter valued at about $1,095,000. First Wilshire Securities Management Inc. raised its stake in shares of Richardson Electronics by 13.9% in the 1st quarter. First Wilshire Securities Management Inc. now owns 671,998 shares of the technology company’s stock valued at $7,358,000 after purchasing an additional 82,054 shares during the period. Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of Richardson Electronics in the 4th quarter valued at about $462,000. Raymond James Financial Inc. acquired a new stake in shares of Richardson Electronics in the 2nd quarter valued at about $57,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of 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 purchasing an additional 3,117 shares in the last quarter. 71.95% of the stock is currently owned by institutional investors.

Key Stories Impacting Richardson Electronics

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

  • Positive Sentiment: Northland Securities upgraded RELL to “Outperform” and raised its price target to $24 from $14. The firm also increased its FY2027 EPS forecast to $0.62 from $0.39 and lifted its Q4 2027 estimate to $0.27 from $0.07, signaling greater confidence in the company’s earnings outlook. Richardson Electronics Stock Rating Upgraded by Northland Securities
  • Positive Sentiment: Northland projected further earnings growth, including $0.87 in FY2028 EPS. The optimism follows Richardson Electronics’ latest quarterly results, which substantially exceeded expectations: earnings were $0.21 per share versus a $0.07 consensus estimate, while revenue reached $66.20 million compared with expectations of $55.37 million.
  • Positive Sentiment: Zacks highlighted Richardson Electronics as a potential momentum pick, adding to the constructive analyst sentiment surrounding the stock. Richardson Electronics momentum analysis
  • Neutral Sentiment: Richardson Electronics announced a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and a yield of roughly 1.3%. The payout may support investor interest, although the dividend is not large enough to be a primary catalyst.
  • Negative Sentiment: Analysts cut Richardson Electronics’ Q1 EPS forecast, potentially weighing on near-term expectations. The reduction contrasts with Northland’s more optimistic longer-term projections.
  • Negative Sentiment: Several insiders sold shares: CFO Robert Ben sold 7,500 shares for $150,000, Director Paul Plante sold 17,000 shares for approximately $319,770, EVP Jens Frank Ruppert sold 37,500 shares for approximately $712,875, and Director James Benham sold 164 shares for about $3,126. The sales—particularly Ruppert’s 94.94% reduction in holdings—could raise concerns about insider conviction, though such transactions may also reflect personal financial planning. Richardson Electronics insider sales

About Richardson Electronics

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Richardson Electronics (NASDAQ:RELL)

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