Trimble Inc (NASDAQ: TRMB) is -7.27% lower on its value in year-to-date trading and has touched a low of $48.65 and a high of $77.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRMB stock was last observed hovering at around $67.98 in the last trading session, with the day’s loss setting it -2.46%.
Currently trading at $65.52, the stock is -4.96% and -9.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -3.62% at the moment leaves the stock 1.60% off its SMA200. TRMB registered 3.28% gain for a year compared to 6-month gain of 10.83%. The firm has a 50-day simple moving average (SMA 50) of $72.1418 and a 200-day simple moving average (SMA200) of $64.486.
The stock witnessed a -7.30% loss in the last 1 month and extending the period to 3 months gives it a -8.84%, and is -7.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.03% over the month.
Trimble Inc (TRMB) has around 12700 employees, a market worth around $16.10B and $3.68B in sales. Current P/E ratio is 10.74 and Fwd P/E is 19.93. Profit margin for the company is 40.84%. Distance from 52-week low is 34.69% and -15.76% from its 52-week high. The company has generated returns on investments over the last 12 months (20.72%).
The EPS is expected to grow by 0.96% this year.
Trimble Inc (TRMB) Top Institutional Holders
1038.0 institutions hold shares in Trimble Inc (TRMB), with institutional investors hold 96.95% of the company’s shares. The shares outstanding are 245.79M, and float is at 244.93M with Short Float at 1.76%. Institutions hold 96.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.96 million shares valued at $1.62 billion. The investor’s holdings represent 11.7972% of the TRMB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.15 million shares valued at $1.07 billion to account for 7.7691 of the shares outstanding. The other top investors are GENERATION INVESTMENT MANAGEMENT LLP which holds 11.09 million shares representing 4.4974% and valued at over $619.97 million, while STATE STREET CORP holds 4.2639 of the shares totaling 10.47 million with a market value of $585.36 million.
Trimble Inc (TRMB) Insider Activity
The most recent transaction is an insider sale by Keating Christopher F, the company’s Sr. VP Transportation. SEC filings show that Keating Christopher F sold 5,709 shares of the company’s common stock on Feb 25 ’25 at a price of $72.00 per share for a total of $0.41 million. Following the sale, the insider now owns 0.0 shares.
Trimble Inc disclosed in a document filed with the SEC on Feb 24 ’25 that Dalton James Calvin (Director) sold a total of 2,141 shares of the company’s common stock. The trade occurred on Feb 24 ’25 and was made at $71.79 per share for $0.15 million. Following the transaction, the insider now directly holds 10162.0 shares of the TRMB stock.
Still, SEC filings show that on Feb 24 ’25, Dalton James Calvin (Director) Proposed Sale 2,141 shares at an average price of $71.79 for $0.15 million. The insider now directly holds shares of Trimble Inc (TRMB).
