Richardson Electronics director Benham sells $3,125 in stock By Investing.com

James Benham, a director at RICHARDSON ELECTRONICS, LTD. (), sold shares totaling $3,125 on July 29, 2026. The transaction involved the disposition of 164 shares of common stock at a price of $19.06 per share. The stock currently trades at $18.47, up 84% over the past year, though InvestingPro analysis suggests the shares are overvalued relative to its Fair Value estimate.

On the same day, Mr. Benham also acquired 164 shares of common stock through the exercise of employee stock options. These shares were acquired at a price of $15.60 per share, totaling $2,558. The options, which had an exercise price of $15.60, vested immediately on July 18, 2022.

Following these transactions, Mr. Benham directly beneficially owns 22,365 shares of Richardson Electronics common stock. The transactions were reported in a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro Tips, the company has maintained dividend payments for 39 consecutive years. Investors seeking deeper insights can access RELL’s comprehensive Pro Research Report, one of 1,400+ available on the platform.

In other recent news, Richardson Electronics reported impressive fourth-quarter fiscal 2026 results, surpassing Wall Street expectations. The company achieved adjusted earnings of $0.21 per share, significantly higher than the anticipated $0.08, and revenue reached $66.2 million, exceeding the forecast of $56.27 million. This marks the eighth consecutive quarter of year-over-year sales growth, with a notable 27.6% increase in sales compared to the previous year. Additionally, Northland upgraded Richardson Electronics’ stock rating from Market Perform to Outperform, setting a new price target of $24.00. Analyst Bobby Brooks from Northland highlighted the company’s strong backlog and accelerating sales growth as key factors in this upgrade. These developments indicate a positive trajectory for Richardson Electronics, reflecting its strong performance and potential for continued growth.

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