Richardson Electronics (NASDAQ:RELL) EVP Sells $712,875.00 in Stock

Richardson Electronics, Ltd. (NASDAQ:RELLGet Free Report) EVP Jens Frank Ruppert sold 37,500 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $19.01, for a total value of $712,875.00. Following the transaction, the executive vice president owned 2,000 shares of the company’s stock, valued at approximately $38,020. The trade was a 94.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Richardson Electronics Stock Performance

Shares of Richardson Electronics stock opened at $18.29 on Friday. The business’s 50 day simple moving average is $17.52 and its 200 day simple moving average is $14.42. Richardson Electronics, Ltd. has a 52-week low of $9.37 and a 52-week high of $23.15. The firm has a market cap of $266.30 million, a PE ratio of 41.57, a P/E/G ratio of 1.45 and a beta of 1.26.

Richardson Electronics (NASDAQ:RELLGet Free Report) last released its earnings results on Wednesday, July 22nd. The technology company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.07 by $0.14. Richardson Electronics had a return on equity of 3.57% and a net margin of 2.79%.The firm had revenue of $66.20 million for the quarter, compared to analysts’ expectations of $55.37 million. As a group, equities research analysts predict that Richardson Electronics, Ltd. will post 0.5 EPS for the current year.

Richardson Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Friday, August 7th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 7th. Richardson Electronics’s payout ratio is currently 54.55%.

Institutional Trading of Richardson Electronics

Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its position in shares of Richardson Electronics by 298.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company’s stock valued at $40,000 after acquiring an additional 3,117 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Richardson Electronics in the 2nd quarter valued at about $57,000. Los Angeles Capital Management LLC bought a new stake in shares of Richardson Electronics in the 4th quarter valued at about $91,000. Engineers Gate Manager LP acquired a new stake in Richardson Electronics in the 2nd quarter valued at about $103,000. Finally, Deutsche Bank AG lifted its stake in Richardson Electronics by 150.3% in the 4th quarter. Deutsche Bank AG now owns 11,421 shares of the technology company’s stock valued at $124,000 after purchasing an additional 6,858 shares during the last quarter. Institutional investors and hedge funds own 71.95% of the company’s stock.

Richardson Electronics News Roundup

Here are the key news stories impacting Richardson Electronics this week:

  • Positive Sentiment: Northland Securities upgraded RELL to “Outperform” and raised its price target to $24 from $14. The firm also increased its FY2027 EPS forecast to $0.62 from $0.39 and lifted its Q4 2027 estimate to $0.27 from $0.07, signaling greater confidence in the company’s earnings outlook. Richardson Electronics Stock Rating Upgraded by Northland Securities
  • Positive Sentiment: Northland projected further earnings growth, including $0.87 in FY2028 EPS. The optimism follows Richardson Electronics’ latest quarterly results, which substantially exceeded expectations: earnings were $0.21 per share versus a $0.07 consensus estimate, while revenue reached $66.20 million compared with expectations of $55.37 million.
  • Positive Sentiment: Zacks highlighted Richardson Electronics as a potential momentum pick, adding to the constructive analyst sentiment surrounding the stock. Richardson Electronics momentum analysis
  • Neutral Sentiment: Richardson Electronics announced a quarterly dividend of $0.06 per share, equivalent to $0.24 annually and a yield of roughly 1.3%. The payout may support investor interest, although the dividend is not large enough to be a primary catalyst.
  • Negative Sentiment: Analysts cut Richardson Electronics’ Q1 EPS forecast, potentially weighing on near-term expectations. The reduction contrasts with Northland’s more optimistic longer-term projections.
  • Negative Sentiment: Several insiders sold shares: CFO Robert Ben sold 7,500 shares for $150,000, Director Paul Plante sold 17,000 shares for approximately $319,770, EVP Jens Frank Ruppert sold 37,500 shares for approximately $712,875, and Director James Benham sold 164 shares for about $3,126. The sales—particularly Ruppert’s 94.94% reduction in holdings—could raise concerns about insider conviction, though such transactions may also reflect personal financial planning. Richardson Electronics insider sales

Wall Street Analyst Weigh In

A number of research firms recently weighed in on RELL. Northland Securities raised shares of Richardson Electronics from a “market perform” rating to an “outperform” rating and raised their target price for the company from $14.00 to $24.00 in a research report on Tuesday, July 28th. Zacks Research raised shares of Richardson Electronics from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Richardson Electronics in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $24.00.

Read Our Latest Report on Richardson Electronics

About Richardson Electronics

(Get Free Report)

Richardson Electronics, Ltd. (NASDAQ:RELL) is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.

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Insider Buying and Selling by Quarter for Richardson Electronics (NASDAQ:RELL)

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