Trimble (NASDAQ:TRMB) Stock: Insider Kaigham Gabriel Sells 2,476 Shares

Trimble Inc. (NASDAQ:TRMB) Director Kaigham Gabriel sold 2,476 shares of Trimble stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $65.00, for a total value of $160,940.00. Following the sale, the director directly owned 14,950 shares of the company’s stock, valued at approximately $971,750. This represents a 14.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kaigham Gabriel also recently made the following trade(s):

• On Tuesday, August 4th, Kaigham Gabriel sold 1,718 shares of Trimble stock. The shares were sold at an average price of $60.00, for a total value of $103,080.00.

Trimble Stock Performance

Shares of TRMB stock traded up $0.90 during mid-day trading on Monday, reaching $65.84. The stock had a trading volume of 2,382,067 shares, compared to its average volume of 2,495,756. The business’s fifty day moving average is $59.83 and its 200-day moving average is $60.94. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The firm has a market cap of $15.35 billion, a price-to-earnings ratio of -134.36, a PEG ratio of 2.10 and a beta of 1.32. Trimble Inc. has a 1-year low of $47.92 and a 1-year high of $84.42.

Trimble (NASDAQ:TRMB) last announced its quarterly earnings data on Wednesday, August 12th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.06. Trimble had a positive return on equity of 12.29% and a negative net margin of 2.77%. The firm had revenue of $972.00 million during the quarter, compared to analysts’ expectations of $952.09 million. During the same period last year, the business posted $0.71 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. Trimble has set its Q3 2026 guidance at 0.830-0.880 EPS and its FY 2026 guidance at 3.600-3.700 EPS. On average, research analysts forecast that Trimble Inc. will post 3.10 earnings per share for the current year.

Institutional Investors Weigh In On Trimble

A number of hedge funds and other institutional investors have recently made changes to their positions in TRMB. Genesis Private Wealth LLC increased its holdings in Trimble by 12.3% in the third quarter. Genesis Private Wealth LLC now owns 4,597 shares of the scientific and technical instruments company’s stock valued at $263,000 after buying an additional 502 shares in the last quarter. Inscription Capital LLC purchased a new stake in shares of Trimble during the 3rd quarter worth about $358,000. Chicago Partners Investment Group LLC grew its position in shares of Trimble by 26.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 7,023 shares of the scientific and technical instruments company’s stock valued at $446,000 after acquiring an additional 1,485 shares during the period. AIA Group Ltd grew its position in shares of Trimble by 59.7% during the 3rd quarter. AIA Group Ltd now owns 31,990 shares of the scientific and technical instruments company’s stock valued at $1,827,000 after acquiring an additional 11,956 shares during the period. Finally, VCI Wealth Management LLC purchased a new position in shares of Trimble in the 3rd quarter valued at about $1,563,000. Institutional investors and hedge funds own 93.21% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Barclays increased their price objective on shares of Trimble from $79.00 to $80.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Raymond James Financial downgraded shares of Trimble from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $87.00 price target on shares of Trimble in a report on Thursday, August 13th. Sanford C. Bernstein cut their price target on Trimble from $85.00 to $73.00 and set an “outperform” rating on the stock in a research report on Thursday, August 13th. Finally, Wall Street Zen upgraded Trimble from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Trimble currently has a consensus rating of “Moderate Buy” and an average price target of $79.56.

Trimble Company Profile

Trimble Inc develops technology solutions that connect the physical and digital worlds across construction, geospatial, transportation, agriculture, natural resources and other industrial markets. Its portfolio combines positioning technologies, field and office software, data services, connected devices and autonomous or machine-control systems to help customers plan, measure, build, manage and maintain physical assets.

The company’s products and services include surveying and mapping equipment, global navigation satellite system and positioning technologies, construction modeling and project-management software, machine-control systems, fleet and transportation-management solutions, and agricultural guidance and precision-farming tools.