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Brian Lieser, Executive Vice President at Belden Inc (NYSE:BDC), sold 296 shares of common stock on June 25 at a price of $114.32, totaling $33838. The stock, currently trading at $116.59 with a market capitalization of $4.6 billion, has shown strong momentum with a 23% return over the past year. InvestingPro analysis indicates the company maintains a GOOD financial health score.
According to a Form 4 filing with the Securities and Exchange Commission, Lieser also exercised stock appreciation rights, acquiring 1200 shares at $61.79, for a total value of $74148 on June 24. On the same day, Lieser disposed of 904 shares at $113.51, for a total value of $102613.
In other recent news, Belden Inc. has been the focus of several analyst updates and product announcements. Benchmark recently raised its price target for Belden to $130, maintaining a Buy rating, following a site tour that highlighted the company’s strategic transformation and financial benefits. Truist Securities also maintained a Buy rating with a price target of $132, citing Belden’s solution-selling strategy and its partnership with Accenture (NYSE:ACN) as key growth drivers. Additionally, Belden launched the 10GXM13 Category 6A Cable, designed to meet the growing bandwidth demands in smart buildings, emphasizing its compact design and efficiency.
At its annual stockholder meeting, Belden successfully re-elected all nine directors and ratified Ernst & Young as its independent auditor, reflecting strong shareholder confidence. Benchmark previously reiterated a Buy rating with a $120 target, noting Belden’s strong demand and order trends despite tariff uncertainties. The company’s book-to-bill ratio improved, and demand in the Americas increased by 14% compared to the previous year. Analysts remain optimistic about Belden’s strategic direction and potential for growth, despite cautious guidance due to macroeconomic uncertainties.
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