Richardson Electronics EVP McNally sells $84k in shares

Published 14/08/2025, 15:44
Richardson Electronics EVP McNally sells $84k in shares

Kathleen McNally, Executive Vice President of Global Supply Chain at Richardson Electronics, LTD. (NASDAQ:RELL), sold 8,417 shares of common stock on August 12, 2025, for approximately $84,234. The shares were sold at a weighted average price of $10.0077, in a range of $10.00 to $10.13. The transaction occurred near the stock’s current trading price of $9.86, with analysts setting price targets between $10 and $13, according to InvestingPro data.

On the same day, McNally also exercised options to acquire a total of 8,417 shares of Richardson Electronics common stock at prices ranging from $4.26 to $6.90, for a total value of $45,608. The company, with a market capitalization of $143 million, maintains strong financial health with a current ratio of 4.51 and minimal debt exposure.

Following these transactions, McNally directly owns 45,719 shares of Richardson Electronics, LTD. InvestingPro analysis reveals 8 additional key insights about RELL’s valuation and growth prospects, available to subscribers along with comprehensive research reports covering 1,400+ US stocks.

In other recent news, Richardson Electronics reported its Q4 FY2025 earnings, revealing a noteworthy earnings per share (EPS) of $0.12, which exceeded analyst expectations of $0.10. This EPS beat represents a 20% surprise for investors. However, the company’s revenue did not meet projections, coming in at $51.9 million against the anticipated $55.07 million. In a separate development, Richardson Electronics has entered into a partnership with KEBA Industrial Automation. This collaboration aims to introduce a new line of cost-efficient pitch systems for wind turbines in North America. The partnership will integrate KEBA’s Pitch Drive Technology with Richardson’s custom-built Pitch Energy Modules. This initiative is designed to enhance compatibility and flexibility in adapting to the renewable energy sector’s demands. These recent developments highlight Richardson Electronics’ strategic efforts in both financial performance and industry partnerships.

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