Benchmark Electronics Inc SVP, Chief Technology Officer Jan Janick Sells 12,232 Shares
Benchmark Electronics Inc (NYSE:BHE), a global provider of engineering, design, and manufacturing services, has reported an insider sell according to a recent SEC filing. Jan Janick, the company's SVP, Chief Technology Officer, sold 12,232 shares of the company on February 5, 2024. The transaction was executed at an average price of $30 per share, resulting in a total value of $366,960.
Over the past year, the insider has sold a total of 12,232 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of insider sales for the company, with a total of 1 insider sell and 0 insider buys over the same timeframe.
Shares of Benchmark Electronics Inc were trading at $30 on the day of the insider's recent sale, giving the company a market capitalization of $1.026 billion. The price-earnings ratio stands at 15.98, which is below both the industry median of 21.435 and the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a current price of $30 and a GF Value of $29.96, Benchmark Electronics Inc is considered to be Fairly Valued, with a price-to-GF-Value ratio of 1. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, as well as future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider trading activities, providing a visual representation of the sell and buy transactions over the past year.
The GF Value image provides a visual guide to the stock's valuation, comparing the current share price to the calculated GF Value.
For more detailed information on insider transactions and the company's financial performance, interested parties can refer to the full SEC Filing.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
