The most recent 13F filing with the Securities and Exchange Commission revealed that during the third quarter, the State of New Jersey Common Pension Fund D reduced its position in Benchmark Electronics, Inc. (NYSE: BHE) by 14.8%. The State of New Jersey Common Pension Fund D was the source of this information. The corporation’s holdings in the information technology company were brought down to a total of 84,266 shares after selling 14,607 shares during the period above. The State of New Jersey Common Pension Fund D held 0.24% of the outstanding shares of Benchmark Electronics at the end of the most recent quarter. The total value of these shares was $2,088,000.
Institutional investors and hedge funds have bought and sold company shares in recent transactions. These transactions involve the company’s stock. Wipfli Financial Advisors LLC made a new investment in Benchmark Electronics during the third quarter, contributing roughly 30,000 dollars to the company’s coffers. During the second quarter, Quadrant Capital Group LLC saw a rise in the share of Benchmark Electronics that it owned, which was equivalent to a 464 percent increase. After making an additional purchase of 1,239 shares during the period, Quadrant Capital Group LLC now has 1,506 shares of the technology company’s stock, which are currently valued at $34,000. This is because Quadrant Capital Group LLC possesses a total of 1,506 shares of the company’s stock. First Horizon Advisors Inc. increased its overall investment in Benchmark Electronics during the second quarter by purchasing additional shares of the company’s stock at approximately $36,000. During the second quarter, Gladius Capital Management LP completed the purchase of a new investment in Benchmark Electronics. It was estimated that this new stake was worth approximately $44,000.
Last but not least, during the first three months of this year, Lazard Asset Management LLC saw a 25.8 percent increase in the size of its holdings in Benchmark Electronics. Following the acquisition of an additional 526 shares during the period above, Lazard Asset Management LLC now holds a total of 2,568 shares of the technology company’s stock. These shares are currently fetching a market price is $64,000. Institutional investors and hedge funds hold 93.41% of the company’s shares combined.
In other news, on November 2, Director Jeffrey Stephen Mccreary sold 30,000 shares of the company’s stock in a transaction that he carried out. This was an event that took place at some point in time. On a per-share basis, the total amount spent on the shares, which totaled $866,100.00, was equivalent to $28.87. After the transaction was finalized, the director was left in possession of a total of 47,989 shares of the company, each of which has a current market value of 1,385,442.43 dollars. If you follow this link, you will be taken to the filing submitted to the Securities and Exchange Commission, where the transaction was discussed, and it will take you there immediately. Shares of the company are held privately by current and former employees to the extent of 1.60 percent of the total.
The NYSE BHE opened its trading session on Thursday at $28.62 per share. According to this information, the debt-to-equity ratio is 0.30, the current ratio is 2.01, and the quick ratio is 1.13. The price of the stock’s simple moving average over the past 50 days is $28.02, while its simple moving average over the past 200 days is $26.73. The price of shares in Benchmark Electronics, Inc. ranged from a low of $21.11 to a high of $30.00 over the preceding calendar year. The enterprise is worth $1.01 billion and has a price-to-earnings ratio of 17.04, a beta value of 1.00, and a value of 1.00.
On October 26, the most recent earnings report for Benchmark Electronics was made public. Benchmark Electronics is a company that trades on the New York Stock Exchange under the symbol “BHE.” The information technology company announced earnings per share for the quarter of $0.57, which was $0.05 higher than the analysts’ predictions. The return on equity for Benchmark Electronics was 7.17 percent, and the net margin for the business was 2.15 percent. The company’s sales for the quarter came in at