Insider Selling: Richardson Electronics (NASDAQ:RELL) Director Sells $319,770.00 in Stock

Richardson Electronics, Ltd. (NASDAQ:RELL) Director Paul Plante sold 17,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.81, for a total transaction of $319,770.00. Following the completion of the transaction, the director owned 14,188 shares in the company, valued at approximately $266,876.28. This represents a 54.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Richardson Electronics Stock Up 8.6%

Shares of RELL traded up $1.44 during trading hours on Thursday, hitting $18.13. The company had a trading volume of 281,027 shares, compared to its average volume of 196,024. The business has a fifty day moving average of $17.51 and a 200-day moving average of $14.34. The firm has a market cap of $263.97 million, a price-to-earnings ratio of 41.21, a PEG ratio of 1.92 and a beta of 1.26. Richardson Electronics, Ltd. has a 12 month low of $9.37 and a 12 month high of $23.15.

Richardson Electronics (NASDAQ:RELL) last announced its earnings results on Wednesday, July 22nd. The technology company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.07 by $0.14. Richardson Electronics had a net margin of 2.79% and a return on equity of 3.57%. The business had revenue of $66.20 million during the quarter, compared to the consensus estimate of $55.37 million. On average, equities analysts expect that Richardson Electronics, Ltd. will post 0.39 EPS for the current fiscal year.

Richardson Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Friday, August 7th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, August 7th. This represents a $0.24 annualized dividend and a yield of 1.3%. Richardson Electronics’s dividend payout ratio (DPR) is 54.55%.

Key Stories Impacting Richardson Electronics

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

• Positive Sentiment: Northland raised its FY2027 EPS forecast to $0.62 from $0.39 and increased its Q4 2027 estimate to $0.27 from $0.07. The firm also projects FY2028 EPS of $0.87, suggesting expectations for significant earnings growth. Northland retained its “Outperform” rating and $24 price objective.
• Positive Sentiment: The analyst’s estimates for Q3 2027 and later 2028 quarters also indicate improving profitability, reinforcing the potential for Richardson Electronics’ earnings momentum to extend beyond the current fiscal year.
• Neutral Sentiment: Northland lowered its Q1 2027 EPS forecast to $0.09 from $0.11, although it raised its Q2 and Q3 2027 estimates. The mixed quarterly revisions are outweighed by the higher full-year outlook but indicate some near-term variability.
• Negative Sentiment: Two executives disclosed substantial stock sales on July 28. CFO Robert J. Ben sold 7,500 shares for $150,000, reducing his direct ownership by about 11%, while EVP Jens Frank Ruppert sold 37,500 shares for approximately $712,875, cutting his ownership by nearly 95%. Insider selling can pressure sentiment, though the transactions may also represent personal liquidity or profit-taking rather than a change in business outlook. CFO SEC filing EVP SEC filing

Hedge Funds Weigh In On Richardson Electronics

A number of hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its holdings in Richardson Electronics by 7.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 85,081 shares of the technology company’s stock valued at $950,000 after purchasing an additional 5,802 shares during the period. Jane Street Group LLC acquired a new position in shares of Richardson Electronics during the 1st quarter worth approximately $198,000. Acadian Asset Management LLC increased its holdings in shares of Richardson Electronics by 17.0% during the first quarter. Acadian Asset Management LLC now owns 83,273 shares of the technology company’s stock worth $928,000 after purchasing an additional 12,097 shares during the period. Rhumbline Advisers increased its holdings in shares of Richardson Electronics by 50.6% during the second quarter. Rhumbline Advisers now owns 27,019 shares of the technology company’s stock worth $261,000 after purchasing an additional 9,073 shares during the period. Finally, American Century Companies Inc. raised its position in shares of Richardson Electronics by 57.0% in the second quarter. American Century Companies Inc. now owns 42,673 shares of the technology company’s stock valued at $412,000 after buying an additional 15,501 shares in the last quarter. 71.95% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

RELL has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Richardson Electronics in a research report on Monday, July 20th. Northland Securities raised Richardson Electronics from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $14.00 to $24.00 in a report on Tuesday. Finally, Zacks Research upgraded Richardson Electronics from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $24.00.

Richardson Electronics Company Profile

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.