Rep. April McClain Delaney Sells Trimble Inc. (NASDAQ:TRMB) Stock

Representative April McClain Delaney (D-Maryland) recently sold shares of Trimble Inc. (NASDAQ:TRMB). In a filing disclosed on February 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Trimble stock on January 29th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of PTC (NASDAQ:PTC) on 1/30/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 1/30/2026.
• Sold $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of BJ’s Wholesale Club (NYSE:BJ) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of Trimble (NASDAQ:TRMB) on 1/28/2026.
• Purchased $1,001 – $15,000 in shares of Labcorp (NYSE:LH) on 1/28/2026.
• Sold $1,001 – $15,000 in shares of PTC (NASDAQ:PTC) on 1/23/2026.
• Sold $1,001 – $15,000 in shares of Somnigroup International (NYSE:SGI) on 1/22/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 1/22/2026.
• Sold $1,001 – $15,000 in shares of Morningstar (NASDAQ:MORN) on 1/15/2026.

Trimble Stock Performance

NASDAQ:TRMB opened at $64.62 on Wednesday. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 44.26, a PEG ratio of 2.37 and a beta of 1.59. Trimble Inc. has a 1 year low of $52.91 and a 1 year high of $87.50. The stock’s 50 day simple moving average is $77.86 and its two-hundred day simple moving average is $79.68. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.86.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings results on Wednesday, November 5th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.09. Trimble had a net margin of 9.93% and a return on equity of 10.73%. The company had revenue of $901.20 million for the quarter, compared to analysts’ expectations of $870.30 million. During the same quarter in the previous year, the business posted $0.83 earnings per share. Trimble’s quarterly revenue was up 2.9% on a year-over-year basis. As a group, equities analysts anticipate that Trimble Inc. will post 2.37 earnings per share for the current fiscal year.

Trimble declared that its Board of Directors has approved a share repurchase plan on Friday, December 5th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the scientific and technical instruments company to repurchase up to 5.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Trimble

In related news, CEO Robert G. Painter sold 7,500 shares of Trimble stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $81.39, for a total value of $610,425.00. Following the completion of the sale, the chief executive officer directly owned 41,897 shares in the company, valued at $3,409,996.83. The trade was a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James Calvin Dalton sold 616 shares of the stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $81.99, for a total transaction of $50,505.84. Following the transaction, the director owned 13,193 shares in the company, valued at approximately $1,081,694.07. The trade was a 4.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 27,084 shares of company stock worth $2,183,951 over the last quarter. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently commented on TRMB shares. KeyCorp upgraded Trimble from a “sector weight” rating to an “overweight” rating and set a $99.00 price target for the company in a research report on Monday, December 15th. Barclays lifted their target price on Trimble from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Wells Fargo & Company started coverage on Trimble in a research report on Thursday, November 13th. They set an “overweight” rating and a $94.00 target price on the stock. Piper Sandler restated an “overweight” rating and issued a $97.00 price target on shares of Trimble in a research report on Friday, November 7th. Finally, Oppenheimer reiterated an “outperform” rating and set a $102.00 price objective on shares of Trimble in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.78.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TRMB. Peapack Gladstone Financial Corp boosted its position in Trimble by 2.6% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company’s stock valued at $381,000 after buying an additional 125 shares during the period. MAI Capital Management boosted its holdings in shares of Trimble by 4.7% in the second quarter. MAI Capital Management now owns 2,810 shares of the scientific and technical instruments company’s stock valued at $213,000 after purchasing an additional 126 shares during the period. CI Investments Inc. grew its stake in Trimble by 10.3% in the third quarter. CI Investments Inc. now owns 1,430 shares of the scientific and technical instruments company’s stock worth $117,000 after purchasing an additional 134 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Trimble by 18.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 907 shares of the scientific and technical instruments company’s stock worth $69,000 after purchasing an additional 141 shares during the period. Finally, Balboa Wealth Partners raised its position in Trimble by 4.7% during the 2nd quarter. Balboa Wealth Partners now owns 3,204 shares of the scientific and technical instruments company’s stock valued at $243,000 after purchasing an additional 144 shares in the last quarter. 93.21% of the stock is currently owned by institutional investors.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Trimble Company Profile

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.