Trimble Navigation Ltd. (NASDAQ:TRMB) VP James A. Kirkland sold 5,430 shares of the business’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $28.04, for a total value of $152,257.20. Following the sale, the vice president now owns 20,316 shares in the company, valued at approximately $569,660.64. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Trimble Navigation Ltd. (NASDAQ:TRMB) opened at 28.01 on Thursday. The company has a 50-day moving average price of $28.07 and a 200-day moving average price of $26.48. The firm has a market cap of $7.02 billion, a price-to-earnings ratio of 59.60 and a beta of 2.23. Trimble Navigation Ltd. has a 12 month low of $18.36 and a 12 month high of $29.79.

Trimble Navigation (NASDAQ:TRMB) last released its quarterly earnings results on Tuesday, November 1st. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. Trimble Navigation had a return on equity of 11.03% and a net margin of 5.08%. The firm had revenue of $584.10 million for the quarter, compared to analyst estimates of $600.09 million. During the same quarter in the previous year, the company posted $0.30 EPS. The business’s revenue was up 3.9% on a year-over-year basis. Analysts forecast that Trimble Navigation Ltd. will post $1.17 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Trimble Navigation (NASDAQ:TRMB)

Several large investors have recently made changes to their positions in TRMB. Huntington National Bank raised its stake in shares of Trimble Navigation by 10.0% in the third quarter. Huntington National Bank now owns 4,399 shares of the company’s stock valued at $125,000 after buying an additional 399 shares during the last quarter. Strs Ohio increased its position in Trimble Navigation by 59.2% in the second quarter. Strs Ohio now owns 6,841 shares of the company’s stock worth $166,000 after buying an additional 2,544 shares during the period. Daiwa Securities Group Inc. increased its position in Trimble Navigation by 18.5% in the third quarter. Daiwa Securities Group Inc. now owns 6,400 shares of the company’s stock worth $183,000 after buying an additional 1,000 shares during the period. Eqis Capital Management Inc. purchased a new position in Trimble Navigation during the third quarter worth $201,000. Finally, Cantab Capital Partners LLP increased its position in Trimble Navigation by 309.1% in the second quarter. Cantab Capital Partners LLP now owns 8,342 shares of the company’s stock worth $203,000 after buying an additional 6,303 shares during the period. Institutional investors own 90.42% of the company’s stock.

Several research firms have weighed in on TRMB. TheStreet cut Trimble Navigation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 13th. JPMorgan Chase & Co. set a $29.00 target price on Trimble Navigation and gave the stock a “hold” rating in a research report on Wednesday, August 3rd. Dougherty & Co decreased their target price on Trimble Navigation from $32.00 to $27.00 and set a “buy” rating for the company in a research report on Friday, November 4th. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $32.00 target price on shares of Trimble Navigation in a research report on Thursday, October 13th. Finally, Zacks Investment Research raised Trimble Navigation from a “sell” rating to a “hold” rating in a research report on Friday, November 4th. Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $27.90.

Trimble Navigation Company Profile

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