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Brian Lieser, Executive Vice President of Automation Solutions at Belden Inc . (NYSE:BDC), has sold a portion of his holdings in the company. According to InvestingPro data, while this insider sale occurs, management has been actively buying back shares, and the stock generally trades with low price volatility. According to a recent SEC filing, Lieser sold 771 shares of Belden’s common stock on March 17, 2025, at a price of $101.15 per share, resulting in a total transaction value of $77,986. Following this transaction, Lieser holds 37,405 shares directly. Additionally, he maintains an indirect interest of 379.2634 shares through the Belden Retirement Savings Plan. This sale was conducted under a pre-established Rule 10b5-1 trading plan, which Lieser adopted in November 2024. With the stock currently trading at $105.55 and analysts setting price targets between $130-$145, InvestingPro analysis suggests the stock is fairly valued. Discover more insights with InvestingPro’s comprehensive research report.
In other recent news, Belden Inc. reported its fourth-quarter 2024 earnings, revealing a strong financial performance with earnings per share (EPS) of $1.92, surpassing the forecasted $1.68. The company also reported revenue of $666 million, exceeding expectations of $653.87 million and marking a 21% increase year-over-year. Despite these positive results, the company’s stock experienced a decline in pre-market trading. Looking ahead, Belden has provided guidance for the first quarter of 2025, with projected revenue between $595 million and $620 million and an adjusted EPS forecast ranging from $1.43 to $1.53. The company aims to achieve an $8 EPS target for 2025, contingent on improved business conditions beyond the first quarter. Additionally, Benchmark analysts have maintained their Buy rating for Belden, with a price target of $130, citing robust demand drivers and a positive outlook despite potential near-term challenges. The analysts expressed confidence in Belden’s strategic shift and its alignment with favorable economic policies. These developments highlight Belden’s ongoing efforts to strengthen its market position and address potential uncertainties in the coming year.
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