Insider Selling: Benchmark Electronics (NYSE:BHE) SVP Sells $1,725,000.00 in Stock

Benchmark Electronics, Inc. (NYSE:BHEGet Free Report) SVP Stephen Beaver sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $86.25, for a total transaction of $1,725,000.00. Following the sale, the senior vice president directly owned 75,020 shares of the company’s stock, valued at $6,470,475. The trade was a 21.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Benchmark Electronics Stock Up 0.9%

BHE stock opened at $89.81 on Friday. The firm has a 50 day simple moving average of $76.77 and a 200-day simple moving average of $60.16. Benchmark Electronics, Inc. has a twelve month low of $34.44 and a twelve month high of $91.20. The company has a market capitalization of $3.22 billion, a P/E ratio of 94.54 and a beta of 1.26. The company has a current ratio of 2.18, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18.

Benchmark Electronics (NYSE:BHEGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. Benchmark Electronics had a return on equity of 6.63% and a net margin of 1.27%.The firm had revenue of $677.28 million for the quarter, compared to analysts’ expectations of $676.25 million. During the same period last year, the business posted $0.52 earnings per share. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. Benchmark Electronics has set its Q2 2026 guidance at 0.650-0.710 EPS.

Benchmark Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, June 30th. Benchmark Electronics’s dividend payout ratio (DPR) is presently 71.58%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BHE shares. Needham & Company LLC raised their target price on Benchmark Electronics from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Benchmark Electronics in a research note on Monday, April 20th. Lake Street Capital reiterated a “buy” rating and issued a $92.00 target price on shares of Benchmark Electronics in a research note on Thursday, April 30th. Finally, Wall Street Zen upgraded Benchmark Electronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $86.00.

View Our Latest Stock Analysis on Benchmark Electronics

Institutional Investors Weigh In On Benchmark Electronics

Hedge funds and other institutional investors have recently modified their holdings of the stock. American Century Companies Inc. raised its stake in shares of Benchmark Electronics by 2.3% during the third quarter. American Century Companies Inc. now owns 1,328,183 shares of the technology company’s stock valued at $51,201,000 after purchasing an additional 29,923 shares in the last quarter. First National Bank of Omaha acquired a new position in Benchmark Electronics during the third quarter worth about $529,000. Advisors Preferred LLC acquired a new position in Benchmark Electronics during the third quarter worth about $1,170,000. Tudor Investment Corp ET AL acquired a new position in Benchmark Electronics during the third quarter worth about $645,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Benchmark Electronics during the fourth quarter worth about $1,193,000. 92.29% of the stock is currently owned by institutional investors.

About Benchmark Electronics

(Get Free Report)

Benchmark Electronics, Inc is a global provider of comprehensive electronics manufacturing services (EMS) and integrated engineering solutions. The company offers a full suite of services that span the entire product lifecycle, from early‐stage design and prototyping to high‐volume production and aftermarket support. Benchmark serves diverse end markets, including industrial automation, medical devices, communications, aerospace and defense, and semiconductor equipment.

At the core of Benchmark’s offering are printed circuit board assemblies (PCBA), system integration, box build assemblies and turnkey manufacturing.

Further Reading

Insider Buying and Selling by Quarter for Benchmark Electronics (NYSE:BHE)

Receive News & Ratings for Benchmark Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benchmark Electronics and related companies with MarketBeat.com's FREE daily email newsletter.