The VP Finance of Trimble Navigation Limited is Exercising Options

By Carrie Williams

Today it was reported that the VP Finance of Trimble Navigation Limited (TRMBResearch Report), Julie Shepard, exercised options to buy 2,308 TRMB shares at $26.10 a share, for a total transaction value of $60.25K. The options were close to expired and Julie Shepard retained stocks.

This recent transaction increases Julie Shepard’s holding in the company by 34.84% to a total of $412.2K. This is Shepard’s first Buy trade following 6 Sell transactions.

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Based on Trimble Navigation Limited’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $855 million and quarterly net profit of $94.6 million. In comparison, last year the company earned revenue of $786 million and had a net profit of $64.1 million. The company has a one-year high of $46.25 and a one-year low of $29.75. TRMB’s market cap is $9.39B and the company has a P/E ratio of 30.36.

The insider sentiment on Trimble Navigation Limited has been negative according to 108 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Julie Shepard’s trades have generated a -11.7% 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.