Trimble (NASDAQ:TRMB) VP Mark David Schwartz Sells 16,725 Shares

Trimble Inc. (NASDAQ:TRMB) VP Mark David Schwartz sold 16,725 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the sale, the vice president owned 19,668 shares in the company, valued at $1,317,952.68. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Trimble Price Performance

Shares of NASDAQ TRMB traded up $1.62 during trading on Friday, hitting $69.29. 1,519,171 shares of the company were exchanged, compared to its average volume of 2,026,673. The company has a market cap of $16.08 billion, a price-to-earnings ratio of 39.59, a PEG ratio of 2.23 and a beta of 1.53. Trimble Inc. has a 1 year low of $55.55 and a 1 year high of $87.50. The firm’s fifty day moving average price is $66.62 and its 200 day moving average price is $74.11. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96.

Trimble (NASDAQ:TRMB) last issued its earnings results on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04. The company had revenue of $969.80 million for the quarter, compared to analyst estimates of $949.97 million. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The business’s revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.89 EPS. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. On average, sell-side analysts expect that Trimble Inc. will post 2.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TRMB. Massachusetts Financial Services Co. MA acquired a new position in Trimble in the 3rd quarter valued at about $289,254,000. Wellington Management Group LLP raised its stake in Trimble by 126.0% in the 4th quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock valued at $485,747,000 after purchasing an additional 3,455,949 shares during the last quarter. Norges Bank acquired a new position in Trimble in the 4th quarter valued at about $213,133,000. Ninety One UK Ltd acquired a new position in Trimble in the 4th quarter valued at about $67,741,000. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new position in Trimble in the 3rd quarter valued at about $56,747,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TRMB. Wall Street Zen downgraded Trimble from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Oppenheimer reaffirmed an “outperform” rating and set a $86.00 price target on shares of Trimble in a research note on Tuesday, February 10th. Robert W. Baird cut their price target on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, March 30th. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Barclays lifted their price target on Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Trimble has an average rating of “Moderate Buy” and an average price target of $92.78.

About Trimble

Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.

Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.