U.S. stock futures slip lower on waning rate cut bets; Applied Materials falls
Robert G. Painter, President and CEO of Trimble INC (NASDAQ:TRMB), sold 7,500 shares of common stock on November 11, 2025, at a price of $79.50, for a total transaction value of $596250.
According to a Form 4 filing with the Securities and Exchange Commission, the sale was executed under a Rule 10b5-1 trading plan, which was established on February 20, 2025. Following the transaction, Painter directly owns 84879.2039 shares of Trimble INC. common stock. He also indirectly owns 210846 shares through the Painter Family Irrevocable Trust.
In other recent news, Trimble reported its third-quarter earnings for 2025, surpassing expectations with an earnings per share of $0.81, compared to the forecasted $0.72. The company’s revenue reached $901 million, exceeding the anticipated $870.64 million. Additionally, Bernstein SocGen Group reiterated an Outperform rating on Trimble, citing the company’s strong third-quarter performance and annual recurring revenue growth. Trimble’s annual recurring revenue grew 6% year-over-year to $2.3 billion, an improvement from the 5% growth recorded in the second quarter of 2025. In another development, Trimble unveiled its agentic AI platform during its annual Dimensions user conference. The platform, called Trimble Agent Studio, is designed to enhance engineering and construction workflows and is currently being piloted with select customers. These recent developments highlight Trimble’s ongoing efforts to innovate and improve its offerings in the industry.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
