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 $1.55 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 $2.32 million.
Sidoti downgraded its Benchmark Electronics Inc. [BHE] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Fox Advisors’s analysts, who began to cover the stock in late August with a ‘”an Overweight”‘ rating. Sidoti also remained covering BHE and has increased its forecast on July 29, 2021 with a “Buy” recommendation from previously “Neutral” rating. Needham revised its rating on March 30, 2021. It rated BHE as “a Buy” which previously was an “a Hold”.
Price Performance Review of BHE
On Friday, Benchmark Electronics Inc. [NYSE:BHE] saw its stock jump 1.87% to $36.43. Over the last five days, the stock has gained 16.17%. Benchmark Electronics Inc. shares have risen nearly 31.80% since the year began. Nevertheless, the stocks have risen 66.96% over the past one year. While a 52-week high of $37.41 was reached on 05/02/24, a 52-week low of $20.58 was recorded on 01/17/24. SMA at 50 days reached $30.27, while 200 days put it at $26.97. A total of 0.52 million shares were traded, compared to the trading of 0.75 million shares in the previous session.
Levels Of Support And Resistance For BHE Stock
The 24-hour chart illustrates a support level at 35.42, which if violated will result in even more drops to 34.42. On the upside, there is a resistance level at 36.99. A further resistance level may holdings at 37.56. The Relative Strength Index (RSI) on the 14-day chart is 78.28, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.98, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.78%. Stochastics %K at 72.02% indicates the stock is a holding.
