ROBERT PAINTER, President & CEO at Trimble (NASDAQ:TRMB), executed a substantial insider sell on January 11, according to an SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that PAINTER sold 2,500 shares of Trimble. The total transaction amounted to $127,625.
Tracking the Friday's morning session, Trimble shares are trading at $51.58, showing a up of 0.16%.
Unveiling the Story Behind Trimble
Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.
A Deep Dive into Trimble's Financials
Positive Revenue Trend: Examining Trimble's financials over 3 months reveals a positive narrative. The company achieved a noteworthy ...