The President & CEO of Trimble Navigation is Exercising Options

By Carrie Williams

Yesterday it was reported that the President & CEO of Trimble Navigation (TRMBResearch Report), Steven Berglund, exercised options to sell 308,575 TRMB shares at $30.62 a share, for a total transaction value of $12.4M.

In addition to Steven Berglund, 2 other TRMB executives reported Sell trades in the last month.

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The company has a one-year high of $46.25 and a one-year low of $29.75. TRMB’s market cap is $10.28B and the company has a P/E ratio of 32.19.

The insider sentiment on Trimble Navigation has been negative according to 107 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Steven Berglund’s trades have generated a -14.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Trimble, Inc. engages in the provision of positioning technology solutions. It operates through the following segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. The Buildings and Infrastructure segment serves architects, engineers, contractors, owners, and operators.