Oil prices rebound sharply on smaller-than-feared OPEC+ output hike
Phillip Sawarynski, Chief Financial Officer of Trimble Inc (NASDAQ:TRMB), sold 2,250 shares of common stock on September 9, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $81.31, for a total transaction value of $182,947. The transaction comes as Trimble trades near its 52-week high of $87.50, with the stock currently valued at $83.61. According to InvestingPro data, while management has been actively buying back shares, the company trades at a relatively high P/E ratio of 70.6.
Following the transaction, Sawarynski directly owns 27,933.55 shares of Trimble Inc. The sale was executed under a Rule 10b5-1 trading plan established on June 6, 2025. With a market capitalization of $19.9 billion, analysts maintain a bullish outlook on Trimble, with price targets ranging from $83 to $100 per share. For deeper insights into insider trading patterns and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Trimble Inc. reported impressive financial results for the second quarter of 2025, surpassing both earnings and revenue forecasts. The company’s earnings per share reached $0.71, exceeding the projected $0.63 by 12.7%. Revenue for the quarter was $876 million, which was higher than the anticipated $835.81 million. In addition to its strong financial performance, Trimble announced the return of its flagship user conference, Trimble Dimensions 2025, scheduled for November 10-12 at The Venetian Resort in Las Vegas.
The conference will offer over 500 expert-led sessions, demonstrations, and workshops. Trimble also revealed an expansion of its collaboration with Hyundai Construction Equipment to offer a Trimble Ready 3D option for Hyundai’s HD130A bulldozers globally. This factory-installed kit simplifies the installation of the Trimble Earthworks grade control platform. Furthermore, Trimble announced the retirement of Chief Accounting Officer Julie Shepard in early 2026, with Kenny Bement set to succeed her in September 2025. Shepard will continue to assist with the auditor transition for the 2025 financial statements.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.