<div id="readability-page-1"><p>Lifestyle Asset Management Inc. purchased a new position in  Trimble Inc. (NASDAQ:TRMB - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 18,504 shares of the scientific and technical instruments company's stock, valued at approximately $1,511,000.</p><ul><li>Samsara Gains on IoT Trends Despite Stock Dip</li></ul><p>A number of other institutional investors also recently added to or reduced their stakes in the stock. Peapack Gladstone Financial Corp raised its holdings in  Trimble by 2.6% in the second quarter. Peapack Gladstone Financial Corp now owns 5,008 shares of the scientific and technical instruments company's stock worth $381,000 after purchasing an additional 125 shares in the last quarter.  MAI Capital Management grew its position in shares of  Trimble by 4.7% in the 2nd quarter. MAI Capital Management now owns 2,810 shares of the scientific and technical instruments company's stock worth $213,000 after buying an additional 126 shares during the last quarter.  Parkside Financial Bank &amp; Trust raised its stake in shares of  Trimble by 18.4% during the 2nd quarter. Parkside Financial Bank &amp; Trust now owns 907 shares of the scientific and technical instruments company's stock worth $69,000 after acquiring an additional 141 shares in the last quarter.  Balboa Wealth Partners lifted its position in  Trimble by 4.7% during the second quarter. Balboa Wealth Partners now owns 3,204 shares of the scientific and technical instruments company's stock valued at $243,000 after acquiring an additional 144 shares during the last quarter.  Finally, First Horizon Advisors Inc. grew its holdings in  Trimble by 11.7% in the second quarter. First Horizon Advisors Inc. now owns 1,515 shares of the scientific and technical instruments company's stock worth $115,000 after purchasing an additional 159 shares during the last quarter. Institutional investors own  93.21% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In other news, Director James Calvin Dalton sold 616 shares of the stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $81.99, for a total transaction of $50,505.84. Following the transaction, the director owned 13,193 shares in the company, valued at $1,081,694.07. This trade represents a 4.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Phillip Sawarynski sold 2,250 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $80.45, for a total transaction of $181,012.50. Following the transaction, the chief financial officer directly owned 25,684 shares in the company, valued at approximately $2,066,277.80. The trade was a 8.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 27,084 shares of company stock valued at $2,144,726. Corporate insiders own  0.54% of the company's stock. </p><h2>Trimble Trading Up 1.2%</h2><ul><li>Autodesk Raises Guidance After Clearing Audit Investigation </li></ul><p>Trimble stock opened at $80.88 on Friday. The firm has a market cap of $19.24 billion, a PE ratio of 55.40, a P/E/G ratio of 3.12 and a beta of 1.60. Trimble Inc. has a 12 month low of $52.91 and a 12 month high of $87.50. The stock's 50 day simple moving average is $79.70 and its two-hundred day simple moving average is $79.56. The company has a current ratio of 1.00, a quick ratio of 0.86 and a debt-to-equity ratio of 0.24. </p><p>Trimble (NASDAQ:TRMB - Get Free Report) last announced its quarterly earnings results on Friday, April 12th. The scientific and technical instruments company reported $0.60 earnings per share (EPS) for the quarter. Trimble had a net margin of 9.93% and a return on equity of 10.73%. The firm had revenue of $856.50 million for the quarter.  Analysts anticipate that  Trimble Inc. will post 2.37 earnings per share for the current year. </p><ul><li>2 Navigation Stocks That Continue to Defy Gravity</li></ul><p>Trimble announced that its board has initiated a share repurchase plan on Friday, December 5th that authorizes the company to repurchase $1.00 billion in    shares. This repurchase authorization authorizes the scientific and technical instruments company to purchase up to 5.1% of its stock  through open market purchases. Stock  repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of brokerages recently issued reports on TRMB. JPMorgan Chase &amp; Co. raised their target price on Trimble from $96.00 to $98.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, September 19th. Berenberg Bank  set a $95.00 price objective on Trimble and gave the stock a &#34;buy&#34; rating in a research note on Friday, October 3rd. KeyCorp raised Trimble from a &#34;sector weight&#34; rating to an &#34;overweight&#34; rating and set a $99.00 target price for the company in a report on Monday. Zacks Research upgraded shares of Trimble from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Tuesday, November 11th. Finally, Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Trimble in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned  a Buy rating and one  has issued  a Hold rating to the company. According to MarketBeat, the company presently has an average rating of &#34;Buy&#34; and an average price target of $96.67.</p><p><b>View Our Latest Stock Analysis on Trimble</b></p><h2>About Trimble</h2> (Free Report)<p>Trimble Inc <span>NASDAQ: TRMB<span></span></span> is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company's offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.  </p><p>Trimble's product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Trimble</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>MarketBeat Week in Review – 12/15 - 12/19</li><li>Conference Calls and Individual Investors</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFJNQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFJNQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Trimble Right Now?</h2><p>Before you consider Trimble, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trimble wasn't on the list.</p><p>While Trimble currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TRMB

<p>Lifestyle Asset Management Inc. acquired 18,504 shares of Trimble Inc., valued at $1,511,000, in the 3rd quarter. Several institutional investors adjusted their stakes in Trimble. Insiders sold shares, including Director James Dalton and CFO Phillip Sawarynski. Trimble's stock opened at $80.88, with a market cap of $19.24 billion. The company announced a $1 billion share repurchase plan, indicating undervaluation. JPMorgan raised Trimble's target price to $98, rating it "overweight."</p>

Lifestyle Asset Management Inc. Acquires Shares of 18,504 Trimble Inc. $TRMB