4,133 Shares in Trimble Inc. (NASDAQ:TRMB) Bought by Natural Investments LLC

Natural Investments LLC bought a new position in Trimble Inc. (NASDAQ:TRMB) in the fourth quarter, HoldingsChannel.com reports. The firm bought 4,133 shares of the scientific and technical instruments company’s stock, valued at approximately $292,000.

A number of other large investors have also recently added to or reduced their stakes in TRMB. Rialto Wealth Management LLC bought a new position in shares of Trimble during the 4th quarter worth approximately $35,000. SBI Securities Co. Ltd. acquired a new position in Trimble during the fourth quarter worth $36,000. TD Private Client Wealth LLC grew its position in Trimble by 722.2% in the third quarter. TD Private Client Wealth LLC now owns 592 shares of the scientific and technical instruments company’s stock valued at $37,000 after purchasing an additional 520 shares in the last quarter. Larson Financial Group LLC lifted its position in Trimble by 164.8% during the 4th quarter. Larson Financial Group LLC now owns 678 shares of the scientific and technical instruments company’s stock worth $48,000 after buying an additional 422 shares in the last quarter. Finally, Friedenthal Financial acquired a new position in shares of Trimble during the 4th quarter worth about $49,000. Institutional investors own 93.21% of the company’s stock.

Insider Transactions at Trimble

In related news, VP Jennifer Allison sold 3,571 shares of the business’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $74.75, for a total value of $266,932.25. Following the completion of the sale, the vice president now directly owns 3,157 shares in the company, valued at $235,985.75. The trade was a 53.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Christopher F. Keating sold 5,709 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $72.00, for a total value of $411,048.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,421 shares of company stock worth $831,683. 0.47% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wolfe Research raised Trimble from a “peer perform” rating to an “outperform” rating and set a $90.00 target price on the stock in a research report on Monday, December 16th. Piper Sandler reaffirmed an “overweight” rating and set a $84.00 price target on shares of Trimble in a research report on Wednesday, December 11th. Cfra raised Trimble from a “buy” rating to a “strong-buy” rating and set a $92.00 price objective for the company in a report on Thursday, February 20th. Oppenheimer boosted their target price on shares of Trimble from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Finally, StockNews.com lowered shares of Trimble from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 3rd. Eight equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $86.00.

Trimble Trading Up 1.3 %

Shares of Trimble stock opened at $67.36 on Thursday. Trimble Inc. has a 1 year low of $48.65 and a 1 year high of $77.78. The company has a market capitalization of $16.56 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 3.09 and a beta of 1.57. The business has a fifty day simple moving average of $72.71 and a two-hundred day simple moving average of $67.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.27 and a quick ratio of 1.07.

About Trimble

Trimble Inc provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office software for project design and visualization; systems to guide and control construction equipment; software for 3D design and data sharing; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; program management solutions for construction owners; 3D conceptual design and modeling software; building information modeling software; enterprise resource planning, project management, and project collaboration solutions; integrated site layout and measurement systems; cost estimating, scheduling, and project controls solutions; and applications for sub-contractors and trades.