Jens Frank Ruppert Sells 37,500 Shares of Richardson Electronics (NASDAQ:RELL) Stock

Richardson Electronics, Ltd. (NASDAQ:RELLGet Free Report) EVP Jens Frank Ruppert sold 37,500 shares of Richardson Electronics stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $19.01, for a total value of $712,875.00. Following the transaction, the executive vice president directly owned 2,000 shares in the company, valued at approximately $38,020. This trade represents a 94.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Richardson Electronics Price Performance

Shares of RELL opened at $18.29 on Friday. The business’s 50-day moving average is $17.52 and its 200-day moving average is $14.42. The company has a market capitalization of $266.25 million, a price-to-earnings ratio of 41.57, a P/E/G ratio of 1.44 and a beta of 1.26. Richardson Electronics, Ltd. has a fifty-two week low of $9.37 and a fifty-two week high of $23.15.

Richardson Electronics (NASDAQ:RELLGet Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.07 by $0.14. Richardson Electronics had a net margin of 2.79% and a return on equity of 3.57%. The business had revenue of $66.20 million during the quarter, compared to analysts’ expectations of $55.37 million. Equities research analysts expect that Richardson Electronics, Ltd. will post 0.5 earnings per share for the current fiscal year.

Richardson Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Friday, August 7th will be given a $0.06 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.3%. Richardson Electronics’s dividend payout ratio is presently 54.55%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on RELL. Northland Securities upgraded shares of Richardson Electronics from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $14.00 to $24.00 in a report on Tuesday. Zacks Research upgraded Richardson Electronics from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Richardson Electronics in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $24.00.

Read Our Latest Stock Report on Richardson Electronics

Institutional Trading of Richardson Electronics

Several large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC increased its stake in shares of Richardson Electronics by 298.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company’s stock worth $40,000 after purchasing an additional 3,117 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Richardson Electronics in the 2nd quarter valued at $57,000. Los Angeles Capital Management LLC acquired a new stake in shares of Richardson Electronics in the 4th quarter valued at $91,000. Engineers Gate Manager LP bought a new stake in Richardson Electronics in the second quarter worth $103,000. Finally, Deutsche Bank AG boosted its holdings in Richardson Electronics by 150.3% in the fourth quarter. Deutsche Bank AG now owns 11,421 shares of the technology company’s stock worth $124,000 after purchasing an additional 6,858 shares in the last quarter. 71.95% of the stock is owned by institutional investors.

Key Richardson Electronics News

Here are the key news stories impacting Richardson Electronics this week:

  • Positive Sentiment: Northland Securities upgraded RELL to “Outperform” and raised its price target to $24 from $14. The firm also increased its FY2027 EPS forecast to $0.62 from $0.39 and lifted its Q4 2027 estimate to $0.27 from $0.07, signaling greater confidence in the company’s earnings outlook. Richardson Electronics Stock Rating Upgraded by Northland Securities
  • Positive Sentiment: Northland projected further earnings growth, including $0.87 in FY2028 EPS. The optimism follows Richardson Electronics’ latest quarterly results, which substantially exceeded expectations: earnings were $0.21 per share versus a $0.07 consensus estimate, while revenue reached $66.20 million compared with expectations of $55.37 million.
  • Positive Sentiment: Zacks highlighted Richardson Electronics as a potential momentum pick, adding to the constructive analyst sentiment surrounding the stock. Richardson Electronics momentum analysis
  • Neutral Sentiment: Richardson Electronics announced a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and a yield of roughly 1.3%. The payout may support investor interest, although the dividend is not large enough to be a primary catalyst.
  • Negative Sentiment: Analysts cut Richardson Electronics’ Q1 EPS forecast, potentially weighing on near-term expectations. The reduction contrasts with Northland’s more optimistic longer-term projections.
  • Negative Sentiment: Several insiders sold shares: CFO Robert Ben sold 7,500 shares for $150,000, Director Paul Plante sold 17,000 shares for approximately $319,770, EVP Jens Frank Ruppert sold 37,500 shares for approximately $712,875, and Director James Benham sold 164 shares for about $3,126. The sales—particularly Ruppert’s 94.94% reduction in holdings—could raise concerns about insider conviction, though such transactions may also reflect personal financial planning. Richardson Electronics insider sales

About Richardson Electronics

(Get Free Report)

Richardson Electronics, Ltd. (NASDAQ:RELL) is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.

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