Benchmark Electronics, Inc. (NYSE:BHE) SVP Sells $263,421.99 in Stock

Benchmark Electronics, Inc. (NYSE:BHE) SVP Jan M. Janick sold 6,777 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $38.87, for a total transaction of $263,421.99. Following the transaction, the senior vice president now owns 67,774 shares of the company’s stock, valued at $2,634,375.38. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Benchmark Electronics Trading Down 0.5 %

Shares of Benchmark Electronics stock opened at $39.82 on Friday. The company’s fifty day moving average price is $31.00 and its two-hundred day moving average price is $28.28. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.36 and a quick ratio of 1.41. Benchmark Electronics, Inc. has a 52-week low of $20.88 and a 52-week high of $40.16. The firm has a market capitalization of $1.44 billion, a PE ratio of 21.76 and a beta of 1.00.

Benchmark Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Wednesday, March 27th. Benchmark Electronics’s payout ratio is 36.07%.

Institutional Investors Weigh In On Benchmark Electronics

Large investors have recently made changes to their positions in the company. Rise Advisors LLC bought a new stake in shares of Benchmark Electronics in the 1st quarter worth about $27,000. Parallel Advisors LLC grew its holdings in shares of Benchmark Electronics by 97.9% in the 4th quarter. Parallel Advisors LLC now owns 1,144 shares of the technology company’s stock worth $32,000 after purchasing an additional 566 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Benchmark Electronics by 121.0% in the 4th quarter. Signaturefd LLC now owns 1,766 shares of the technology company’s stock worth $49,000 after purchasing an additional 967 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Benchmark Electronics in the 1st quarter worth about $136,000. Finally, Quadrant Capital Group LLC grew its holdings in Benchmark Electronics by 212.5% during the 4th quarter. Quadrant Capital Group LLC now owns 6,407 shares of the technology company’s stock worth $177,000 after acquiring an additional 4,357 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on BHE. StockNews.com upgraded shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Friday, May 3rd. Sidoti lowered shares of Benchmark Electronics from a “buy” rating to a “neutral” rating and set a $33.00 price target on the stock. in a report on Monday, April 29th. Finally, Needham & Company LLC boosted their price target on shares of Benchmark Electronics from $31.00 to $40.00 and gave the company a “buy” rating in a report on Monday.

Benchmark Electronics Company Profile

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.