Insider Selling: Benchmark Electronics (NYSE:BHE) SVP Sells 10,004 Shares of Stock

Key Points

• Senior Vice President Jan Janick sold 10,004 shares of Benchmark Electronics at an average price of $40.50, resulting in a total transaction of $405,162.
• The company declared a quarterly dividend of $0.17 per share to be paid on October 13th, representing an annualized dividend yield of 1.7%.
• Benchmark Electronics reported a net margin of 1.48% and quarterly revenue down 3.6% year-over-year, despite exceeding analysts' earnings expectations for the last quarter.

Benchmark Electronics, Inc. (NYSE:BHE - Get Free Report) SVP Jan M. Janick sold 10,004 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $40.50, for a total transaction of $405,162.00. Following the completion of the sale, the senior vice president directly owned 62,368 shares in the company, valued at $2,525,904. This represents a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Benchmark Electronics Trading Up 1.1%

Shares of BHE traded up $0.43 during mid-day trading on Monday, hitting $39.62. The company had a trading volume of 265,630 shares, compared to its average volume of 189,553. The business's 50-day simple moving average is $39.60 and its 200-day simple moving average is $38.12. The company has a quick ratio of 1.46, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. Benchmark Electronics, Inc. has a 1-year low of $30.73 and a 1-year high of $52.57. The stock has a market cap of $1.42 billion, a PE ratio of 37.73 and a beta of 1.05.

Benchmark Electronics (NYSE:BHE - Get Free Report) last released its earnings results on Wednesday, July 30th. The technology company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.01. Benchmark Electronics had a net margin of 1.48% and a return on equity of 6.08%. The business had revenue of $642.34 million for the quarter, compared to analysts' expectations of $638.67 million. During the same period last year, the company earned $0.57 earnings per share. The company's quarterly revenue was down 3.6% on a year-over-year basis. Benchmark Electronics has set its Q3 2025 guidance at 0.560-0.620 EPS.

Benchmark Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 13th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Benchmark Electronics's payout ratio is 64.76%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Wall Street Zen cut shares of Benchmark Electronics from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. Needham & Company LLC reduced their price target on shares of Benchmark Electronics from $48.00 to $47.00 and set a "buy" rating on the stock in a research report on Friday, August 1st. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $46.50.

Institutional Trading of Benchmark Electronics

A number of hedge funds have recently made changes to their positions in BHE. New Age Alpha Advisors LLC purchased a new stake in shares of Benchmark Electronics during the first quarter valued at approximately $56,000. Versant Capital Management Inc raised its stake in shares of Benchmark Electronics by 197.5% during the first quarter. Versant Capital Management Inc now owns 2,475 shares of the technology company's stock valued at $94,000 after purchasing an additional 1,643 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Benchmark Electronics by 215.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,000 shares of the technology company's stock valued at $116,000 after purchasing an additional 2,048 shares during the period. State of Wyoming purchased a new stake in shares of Benchmark Electronics during the second quarter valued at approximately $137,000. Finally, GAMMA Investing LLC raised its stake in shares of Benchmark Electronics by 58.3% during the second quarter. GAMMA Investing LLC now owns 3,609 shares of the technology company's stock valued at $140,000 after purchasing an additional 1,329 shares during the period. Hedge funds and other institutional investors own 92.29% of the company's stock.

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.