Robert Ben Sells 7,500 Shares of Richardson Electronics (NASDAQ:RELL) Stock

Richardson Electronics, Ltd. (NASDAQ:RELL) CFO Robert Ben sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $20.00, for a total transaction of $150,000.00. Following the completion of the transaction, the chief financial officer owned 60,534 shares in the company, valued at approximately $1,210,680. This trade represents a 11.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Richardson Electronics Price Performance

Shares of Richardson Electronics stock opened at $18.29 on Friday. Richardson Electronics, Ltd. has a 1 year low of $9.37 and a 1 year high of $23.15. The firm has a market cap of $266.25 million, a PE ratio of 41.57, a PEG ratio of 1.44 and a beta of 1.26. The company has a 50 day simple moving average of $17.52 and a two-hundred day simple moving average of $14.42.

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

Richardson Electronics Dividend Announcement

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

Key Stories Impacting Richardson Electronics

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Richardson Electronics

Hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC boosted its stake in shares of Richardson Electronics by 298.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company’s stock valued at $40,000 after purchasing an additional 3,117 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Richardson Electronics during the 2nd quarter valued at $57,000. Los Angeles Capital Management LLC purchased a new position in Richardson Electronics in the 4th quarter worth $91,000. Engineers Gate Manager LP purchased a new position in Richardson Electronics in the 2nd quarter worth $103,000. Finally, Deutsche Bank AG lifted its stake 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 during the last quarter. 71.95% of the stock is currently owned by institutional investors.

About Richardson Electronics

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.