Trimble CEO painter sells $621k in shares

Published 14/08/2025, 21:42
Trimble CEO painter sells $621k in shares

Trimble (NASDAQ:TRMB) President and CEO Robert G. Painter sold 7,500 shares of the company’s common stock on August 12, 2025, at a price of $82.93, totaling $621,975. The sale comes as Trimble’s stock trades near its 52-week high of $87.50, having delivered an impressive 59% return over the past year. According to InvestingPro analysis, the company currently trades at a high P/E multiple of 71x.

According to a Form 4 filing with the Securities and Exchange Commission, the transaction was executed under a Rule 10b5-1 trading plan, which was established on February 20, 2025. Following the sale, Painter directly owns 107,379.2039 shares of Trimble. He also indirectly owns 210,846 shares through the Painter Family Irrevocable Trust. With a market capitalization of $19.92 billion, Trimble appears slightly overvalued based on InvestingPro’s Fair Value analysis, which includes over 30 financial metrics and valuation models.

In other recent news, Trimble Inc. reported impressive second-quarter 2025 financial results, surpassing both earnings and revenue forecasts. The company’s earnings per share (EPS) were reported at $0.71, which exceeded the forecasted $0.63 by 12.7%. Revenue figures also surpassed expectations, reaching $876 million compared to the projected $835.81 million. These results indicate a strong performance for Trimble, reflecting positively on investor confidence. Additionally, the stock experienced a notable rise in pre-market trading following the announcement. While specific analyst ratings were not mentioned, the positive financial outcomes could influence future evaluations. These recent developments underscore the company’s robust financial health and market presence.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.