A Director at Trimble Navigation Limited is Exercising Options


Yesterday it was reported that a Director at Trimble Navigation Limited (TRMB), Merit Janow, exercised options to sell 50,000 TRMB shares at $31.55 a share, for a total transaction value of $2M.

In addition to Merit Janow, 8 other TRMB executives reported Sell trades in the last month.

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Based on Trimble Navigation Limited’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $786 million and quarterly net profit of $86.5 million. In comparison, last year the company earned revenue of $708 million and had a GAAP net loss of $35 million. TRMB’s market cap is $10.09B and the company has a P/E ratio of 36.03. Currently, Trimble Navigation Limited has an average volume of 565.7K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $46.00, reflecting a 15.0% upside.

The insider sentiment on Trimble Navigation Limited has been negative according to 99 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Trimble, Inc. engages in the provision of providing positioning, wireless and software technology solutions. It operates through the following segments: Buildings & Infrastructure, Geospatial, Resources & Utilities, and Transportation. The Buildings & Infrastructure segment serves architects, engineers, contractors, owners, and operators.

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