From MarketBeat:

Grandfield & Dodd LLC increased its position in Trimble Inc. by 6.2% during the third quarter, owning 365,403 shares worth $19,681,000. Other investors, like United Capital Financial Advisers, Oregon Public Employees Retirement Fund, Inspire Investing LLC, Advisor Partners II LLC, and Mercer Global Advisors Inc. also added to their stakes in Trimble.

Trimble stock is currently trading at $50.77, with a market cap of $12.63 billion, a 37.89 P/E ratio, and a beta of 1.48. The company’s 50-day moving average is $47.08 and its 200-day moving average is $50.45.

In the most recent quarter, Trimble reported $0.56 earnings per share, surpassing analysts’ consensus estimates of $0.47. Analysts predict Trimble Inc. will post 2.13 earnings per share for the current year.

Recent insider transactions included SVP Darryl R. Matthews selling 2,500 shares at $41.08 per share, and Director Mark S. Peek purchasing 10,000 shares at $46.59 per share.

Financial analysts have set varied price targets for Trimble stock, with the average target price at $52.00 and ratings ranging from “hold” to “buy”.

Trimble Inc. provides technology solutions for professionals and field workers worldwide, offering field and office software, construction equipment guidance systems, 3D design software, asset management systems, and more.



Read more: Trimble Inc. (NASDAQ:TRMB) Shares Purchased by Grandfield & Dodd LLC