King Luther Capital Management Corp cut its holdings in shares of Trimble Inc. (NASDAQ:TRMB – Free Report) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,248,180 shares of the scientific and technical instruments company’s stock after selling 24,151 shares during the period. Trimble accounts for approximately 1.3% of King Luther Capital Management Corp’s holdings, making the stock its 18th biggest holding. King Luther Capital Management Corp owned about 1.73% of Trimble worth $300,176,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in TRMB. Rialto Wealth Management LLC acquired a new position in Trimble during the 4th quarter valued at about $35,000. SBI Securities Co. Ltd. acquired a new stake in shares of Trimble in the 4th quarter valued at approximately $36,000. TD Private Client Wealth LLC raised its position in shares of Trimble by 722.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 592 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 520 shares during the period. Larson Financial Group LLC raised its position in shares of Trimble by 164.8% in the 4th quarter. Larson Financial Group LLC now owns 678 shares of the scientific and technical instruments company’s stock valued at $48,000 after acquiring an additional 422 shares during the period. Finally, Friedenthal Financial acquired a new stake in shares of Trimble in the 4th quarter valued at approximately $49,000. 93.21% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Trimble news, VP Jennifer Allison sold 3,571 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $74.75, for a total transaction of $266,932.25. Following the completion of the sale, the vice president now owns 3,157 shares of the company’s stock, valued at $235,985.75. This trade represents a 53.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Christopher F. Keating sold 5,709 shares of the firm’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $72.00, for a total value of $411,048.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,421 shares of company stock valued at $831,683. 0.47% of the stock is owned by insiders.
Analysts Set New Price Targets
View Our Latest Analysis on TRMB
Trimble Trading Down 3.7 %
NASDAQ TRMB opened at $66.51 on Tuesday. The company has a market cap of $16.35 billion, a PE ratio of 10.92, a PEG ratio of 3.09 and a beta of 1.57. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.24. Trimble Inc. has a 12 month low of $48.65 and a 12 month high of $77.78. The stock has a 50 day moving average of $72.86 and a 200-day moving average of $67.71.
Trimble Company Profile
Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.
Featured Articles
- Five stocks we like better than Trimble
- ETF Screener: Uses and Step-by-Step Guide
- How to Protect Your Portfolio When Inflation Is Rising
- Investing in Travel Stocks Benefits
- 3 Tech Stocks Defying Sector Weakness and Thriving in 2025
- 3 Tickers Leading a Meme Stock Revival
- Despite Challenges Novo Nordisk Plans to Crush GLP-1 Competitors
Want to see what other hedge funds are holding TRMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trimble Inc. (NASDAQ:TRMB – Free Report).
Receive News & Ratings for Trimble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trimble and related companies with MarketBeat.com's FREE daily email newsletter.