Benchmark Electronics Inc.’s recently made public that its SVP, Chief HR Officer Turner Rhonda R unloaded Company’s shares for reported $0.23 million on Feb 15 ’24. In the deal valued at $30.31 per share,7,600 shares were sold. As a result of this transaction, Turner Rhonda R now holds 42,474 shares worth roughly $1.27 million.
Then, Turner Rhonda R sold 400 shares, generating $12,000 in total proceeds. Upon selling the shares at $30.00, the SVP, Chief HR Officer now owns 50,074 shares.
Before that, JANICK JAN M sold 12,232 shares. Benchmark Electronics Inc. shares valued at $366,960 were divested by the SVP, Chief Technology Officer at a price of $30.00 per share. As a result of the transaction, JANICK JAN M now holds 63,779 shares, worth roughly $1.91 million.
Fox Advisors initiated its Benchmark Electronics Inc. [BHE] rating to an Overweight in a research note published on August 24, 2022; the price target was $35. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “a Buy”. Needham also remained covering BHE and has increased its forecast on March 30, 2021 with a “Buy” recommendation from previously “Hold” rating. Sidoti revised its rating on May 13, 2020. It rated BHE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of BHE
On Tuesday, Benchmark Electronics Inc. [NYSE:BHE] saw its stock jump 1.42% to $29.92. Over the last five days, the stock has gained 0.30%. Benchmark Electronics Inc. shares have risen nearly 8.25% since the year began. Nevertheless, the stocks have risen 31.75% over the past one year. While a 52-week high of $31.75 was reached on 03/08/24, a 52-week low of $20.58 was recorded on 01/17/24. SMA at 50 days reached $29.87, while 200 days put it at $26.65. A total of 0.29 million shares were traded, compared to the trading of 0.41 million shares in the previous session.
Levels Of Support And Resistance For BHE Stock
The 24-hour chart illustrates a support level at 29.34, which if violated will result in even more drops to 28.75. On the upside, there is a resistance level at 30.26. A further resistance level may holdings at 30.59. The Relative Strength Index (RSI) on the 14-day chart is 52.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.93%. Stochastics %K at 51.67% indicates the stock is a holding.
