Richardson Electronics (NASDAQ:RELL) Director Sells $319,770.00 in Stock

Richardson Electronics, Ltd. (NASDAQ:RELL) Director Paul Plante sold 17,000 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.81, for a total value of $319,770.00. Following the completion of the transaction, the director owned 14,188 shares in the company, valued at approximately $266,876.28. This trade represents a 54.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Richardson Electronics Stock Performance

Shares of NASDAQ:RELL opened at $18.29 on Friday. Richardson Electronics, Ltd. has a 1 year low of $9.37 and a 1 year high of $23.15. The stock has a market capitalization of $266.30 million, a P/E ratio of 41.57, a PEG ratio of 1.45 and a beta of 1.26. The stock has a 50-day simple moving average of $17.52 and a 200-day simple moving average of $14.42.

Richardson Electronics (NASDAQ:RELL) last posted its earnings results on Wednesday, July 22nd. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.14. Richardson Electronics had a net margin of 2.79% and a return on equity of 3.57%. The firm had revenue of $66.20 million during the quarter, compared to the consensus estimate of $55.37 million. Analysts predict that Richardson Electronics, Ltd. will post 0.5 earnings per share for the current year.

Richardson Electronics Announces Dividend

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

Analysts Set New Price Targets

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

Institutional Trading of Richardson Electronics

Several large investors have recently bought and sold shares of RELL. Empowered Funds LLC raised its stake in shares of Richardson Electronics by 7.6% during the first quarter. Empowered Funds LLC now owns 20,596 shares of the technology company’s stock valued at $226,000 after purchasing an additional 1,454 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Richardson Electronics during the first quarter worth $697,000. Aristides Capital LLC boosted its stake in shares of Richardson Electronics by 14.1% in the first quarter. Aristides Capital LLC now owns 23,885 shares of the technology company’s stock valued at $262,000 after purchasing an additional 2,945 shares during the period. First Wilshire Securities Management Inc. boosted its stake in shares of Richardson Electronics by 13.9% in the first 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. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Richardson Electronics during the 1st quarter valued at $1,095,000. Institutional investors and hedge funds own 71.95% of the company’s stock.

Richardson Electronics News Roundup

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

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.