Benchmark Electronics Inc’s filing revealed that its President and CEO Benck Jeff unloaded Company’s shares for reported $0.23 million on Mar 12 ’25. In the deal valued at $38.82 per share,6,000 shares were sold. As a result of this transaction, Benck Jeff now holds 448,180 shares worth roughly $14.96 million.
Then, JEFFREY BENCK bought 6,000 shares, generating $234,540 in total proceeds.
Before that, Benck Jeff sold 6,000 shares. Benchmark Electronics Inc shares valued at $271,860 were divested by the President and CEO at a price of $45.31 per share. As a result of the transaction, Benck Jeff now holds 418,173 shares, worth roughly $13.96 million.
Fox Advisors downgraded its Benchmark Electronics Inc [BHE] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Neutral”. Fox Advisors began covering BHE with “an Overweight” recommendation on August 24, 2022. Sidoti revised its rating on July 29, 2021. It rated BHE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of BHE
On Monday, Benchmark Electronics Inc [NYSE:BHE] saw its stock jump 2.20% to $33.38. Over the last five days, the stock has lost -12.23%. Benchmark Electronics Inc shares have fallen nearly -26.48% since the year began. Nevertheless, the stocks have risen 11.83% over the past one year. While a 52-week high of $52.57 was reached on 01/22/25, a 52-week low of $28.64 was recorded on 04/04/25. SMA at 50 days reached $40.10, while 200 days put it at $43.13.
Levels Of Support And Resistance For BHE Stock
The 24-hour chart illustrates a support level at 31.27, which if violated will result in even more drops to 29.16. On the upside, there is a resistance level at 35.26. A further resistance level may holdings at 37.13. The Relative Strength Index (RSI) on the 14-day chart is 28.83, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.17%. Stochastics %K at 14.50% indicates the stock is a buying.
How much short interest is there in Benchmark Electronics Inc?
A steep rise in short interest was recorded in Benchmark Electronics Inc stocks on 2025-03-14, growing by 0.27 million shares to a total of 1.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.41 million shares. There was a rise of 16.22%, which implies that there is a positive sentiment for the stock.