Today it was reported that the SVP of Trimble Navigation Limited (NASDAQ: TRMB), James Kirkland, exercised options to sell 27,292 TRMB shares at $26.97 a share, for a total transaction value of $1.08M.
Following James Kirkland’s last TRMB Sell transaction on June 06, 2018, the stock climbed by 4.7%. In addition to James Kirkland, 3 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 June 30, the company posted quarterly revenue of $786 million and quarterly net profit of $64.1 million. In comparison, last year the company earned revenue of $662 million and had a net profit of $49.9 million. TRMB’s market cap is $9.88B and the company has a P/E ratio of 70.59. Currently, Trimble Navigation Limited has an average volume of 970.4K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $48.67, reflecting a -18.5% downside.
The insider sentiment on Trimble Navigation Limited has been negative according to 74 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
James Kirkland’s trades have generated a -8.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
