Trimble (NASDAQ:TRMB) VP Mark David Schwartz Sells 16,725 Shares of Stock

Trimble Inc. (NASDAQ:TRMB) VP Mark David Schwartz sold 16,725 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the transaction, the vice president directly owned 19,668 shares of the company’s stock, valued at approximately $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Trimble Price Performance

Shares of TRMB stock opened at $69.29 on Friday. The firm has a market cap of $16.08 billion, a P/E ratio of 39.59, a P/E/G ratio of 2.26 and a beta of 1.53. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.09 and a quick ratio of 0.96. Trimble Inc. has a 1-year low of $55.55 and a 1-year high of $87.50. The firm has a fifty day moving average of $66.68 and a two-hundred day moving average of $74.02.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Tuesday, February 10th. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.04. Trimble had a net margin of 11.82% and a return on equity of 11.18%. The company had revenue of $969.80 million during the quarter, compared to analyst estimates of $949.97 million. During the same period last year, the business earned $0.89 EPS. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. Trimble has set its FY 2026 guidance at 3.420-3.620 EPS and its Q1 2026 guidance at 0.690-0.740 EPS. As a group, research analysts anticipate that Trimble Inc. will post 2.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Trimble in a report on Wednesday, February 11th. Robert W. Baird decreased their price target on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Wells Fargo & Company cut their price objective on shares of Trimble from $94.00 to $79.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Trimble in a research report on Wednesday, January 21st. Finally, Zacks Research downgraded shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Trimble has a consensus rating of “Moderate Buy” and a consensus target price of $92.78.

Institutional Trading of Trimble

A number of hedge funds and other institutional investors have recently made changes to their positions in TRMB. Salomon & Ludwin LLC bought a new stake in shares of Trimble in the 3rd quarter worth approximately $25,000. Rothschild Investment LLC increased its position in shares of Trimble by 193.6% in the fourth quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 213 shares in the last quarter. DV Equities LLC purchased a new position in shares of Trimble in the fourth quarter worth approximately $26,000. Toth Financial Advisory Corp purchased a new position in shares of Trimble in the fourth quarter worth approximately $27,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of Trimble in the fourth quarter worth approximately $27,000. 93.21% of the stock is currently owned by institutional investors.

About Trimble

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.