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Intech Investment Management LLC Buys 32,575 Shares of Trimble Inc. $TRMB
Intech Investment Management LLC significantly increased its stake in Trimble Inc. (NASDAQ:TRMB) by 443%, purchasing an additional 32,575 shares to bring its total holdings to 39,928 shares valued at $3.26 million. This increase follows Trimble’s positive Q4 earnings report, where the company beat EPS and revenue estimates, and announced a $1.0 billion share buyback program. Despite insider sales totaling 17,250 shares in the last quarter, institutional investors maintain a substantial 93.2% ownership of the company.