BHE Benchmark Electronics

XNYS 66.95 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BHE $66.95 —
Key stats
$66.95
52-Week Range
$41.69 – $100.41
YTD
+52.51%
IV Rank (30D)
66.96
Straddle Price
$7.33
P/C Vol Ratio
1.79
Market Cap
$2.4B
Open
$66.95
Day Range
$65.18 – $67.20
Volume
969,412
Prev Close
$65.81
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.13%
Beta vs SPY1.00
Cost of Equity (CAPM)10.12% (VRP-adj)
WACC9.73%
Volatility Risk Premium+41.1pp (IV − HV30)
Effective Tax Rate36.5%
Rev. Growth (YoY, DCF input)+11.1%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.1B
Return on Equity (TTM)4.8%
Book / Price46.7% — banking bias active (P/B is primary)
Gross Margin (TTM)10.3%
FCF Margin (TTM)4.5%
Debt / Equity0.16
Quality Score2/6 — normal (10y DCF)
Market-Implied Growth+6.5% (reverse-DCF on current price)
SMA 50$76.29 (Market Anchor value)
SMA 20 / Bollinger Mid$78.02
Bollinger Width / SMA2044.5% (drives anchor stability)
Net Debt$-0.1B
Market Cap$2B
Peers used for multiples: BELFB, ESE, PLXS, SANM, TTMI, VSH (filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
49%
20-Day Fair Value
≈ by Nov 24, 2026
$68.26
α +2.0% rank 74%
conviction
88%
40-Day Fair Value
≈ by Dec 23, 2026
$68.89
α +2.9% rank 76%
conviction
84%
60-Day Fair Value
≈ by Jan 21, 2027
$67.94
α +1.5% rank 79%
conviction
49%
MethodImplied PriceWeightDetail
DCF $84.51 33%
DDM (Gordon) $13.95 0%
Peer P/E $51.89 8% median 32.3× · 6 peers
Peer EV/EBITDA $89.75 10% median 17.3× · 6 peers
Peer P/B $106.13 13% median 3.5× · 6 peers
Peer P/S $153.34 13% median 1.8× · 6 peers
Market Anchor (SMA50) $76.29 0% stability 0% (BB-width)
Options Expected (B-L 30d) $63.23 24% 15 strikes · skew -0.20
As of 2026-10-26 · updated
About
Industry (SIC)
PRINTED CIRCUIT BOARDS (3672) · industry map
Exchange
XNYS
Market Cap
$2.4B
Employees
11,840
List Date
1990-07-03
CIK
0000863436
Next Earnings
2026-10-28 (After-Close)
EPS Forecast
$0.63 (1 est.)
Headquarters
Tempe, AZ
Homepage
https://www.bench.com

Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and manufacturing services (electronic manufacturing services (EMS) and precision technology services). It serves various industries, including aerospace & defense (A&D), medical technologies, complex industrials, semiconductor capital equipment, next-generation telecommunications, and high-end computing. Its geographical segments are the Americas, Asia, and Europe, of which key revenue is derived from the Americas.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan-5.73%-12.09%4.25%-0.59%-5.87%18.77%-0.21%
Feb7.13%8.51%-16.99%3.75%-2.87%7.29%1.14%
Mar4.04%-0.52%-0.84%-3.97%0.77%-3.84%-0.73%
Apr-4.24%-6.64%-9.95%2.13%-14.10%43.22%1.74%
May0.00%7.55%8.35%42.19%8.46%-0.05%11.08%
Jun-7.57%-11.74%10.57%-6.18%6.53%16.04%1.27%
Jul-7.50%15.59%2.28%22.18%-0.70%-16.14%2.62%
Aug3.13%6.48%-3.56%-2.63%7.64%-13.19%-0.35%
Sep-1.00%-7.23%-6.91%8.68%-4.01%17.64%1.20%
Oct-14.58%11.90%-0.90%0.58%14.71%-20.88%*-1.53%
Nov-1.75%-0.55%2.42%5.60%2.11%--1.57%
Dec12.31%-8.03%9.29%-8.25%-4.94%--0.08%
Total-17.21%-1.72%-5.71%70.02%4.46%37.92%14.63%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $77.23
SMA 50: $76.00
SMA 200: $72.16
Current: $66.95
EMA 12: $71.74
EMA 26: $74.97
MACD: -3.2258 | Signal: -1.5506
BEARISH
ADX (14): 30.65
TREND
+DI: 16.24
−DI: 39.25

Momentum Oscillators

RSI (14): 30.40
NEUTRAL
Stoch %K: 5.31
Stoch %D: 6.31
Williams %R: -90.56

Volume & Volatility

BB Upper: $91.40
BB Lower: $63.06
NEUTRAL
OBV: 5,048,645
Vol SMA 20: 384,928
Vol ROC: 269.46%
ATR: $2.89
True Range: $2.02
HV 20: 40.9%
HV 30: 41.8%
HV 60: 44.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary Overall Assessment: BULLISH (Confidence Level: 8/10)

Key Drivers:

  • Bullish technical signals from MACD and Stochastic Oscillators
  • Positive news sentiment from recent headlines
  • Historical volatility remains high, indicating potential for future moves

Primary Risks:

  • High beta relative to market, indicating increased risk
  • Volatility regime remains elevated, increasing potential for price swings

Investment Thesis: Bullish momentum in BHE stock driven by positive technical signals and news headlines. While risks are present due to high volatility and beta, the stock's technical setup suggests a potential uptrend.

Recent News Sentiment Impact: Positive sentiment from recent headlines, particularly the contract manufacturing market size estimate and Benchmark's quarterly cash dividend announcement.

Technical Analysis Trend Direction:

  • Short-term: Bullish (1-4 weeks)
  • Medium-term: Bullish (1-3 months)
  • Long-term: Neutral (3-12 months)

Support/Resistance Levels:

  • Resistance: $92.38 (Upper Bollinger Band)
  • Support: $83.16 (SMA 20) and $73.95 (Lower Bollinger Band)

Momentum Signals:

  • RSI: 68.31 (Neutral)
  • MACD: Bullish crossover above signal line
  • Stochastic Oscillators: Bullish signals from %K and %D

Volume Analysis:

  • Volume SMA 20: 541858.80
  • On-Balance Volume (OBV): 3388594.64
  • Volume Rate of Change: 117.69%

News & Sentiment Analysis Recent Headlines Summary: Contract manufacturing market size estimate, Benchmark's quarterly cash dividend announcement, and neutral news headlines.

Sentiment Assessment: Positive sentiment from recent headlines, with a majority indicating growth and stability in the contract manufacturing industry.

Catalyst Identification: Upcoming earnings release (no specific date available) and potential future announcements related to the company's design services.

Market Narrative: The technical signals align with positive news headlines, suggesting a potential uptrend. However, caution is advised due to high volatility and beta.

Risk & Volatility Assessment Beta Interpretation: High-risk stock relative to market (beta >1.5).

Volatility Regime: Elevated volatility, indicating increased risk of price swings.

Options Market Signals: IV Rank: 42.9% (Medium), Current IV: 82.9%, and Expected Move: $7.83 (23 DTE)

Downside Protection: Support levels at $83.16 (SMA 20) and $73.95 (Lower Bollinger Band).

Market Context & Positioning Sector Performance: Benchmark Electronics operates in the electronics manufacturing services sector, which has been performing relatively well.

Institutional Activity: Volume patterns suggest institutional interest, but caution is advised due to high volatility.

Correlation Analysis: BHE stock moves more than the market (correlation: 0.58), indicating a high degree of correlation with other stocks in the industry.

Relative Valuation: The stock's relative valuation suggests it is trading within a relatively tight range.

Key Levels & Action Items Critical Price Levels:

  • Support at $83.16 (SMA 20) and $73.95 (Lower Bollinger Band)
  • Resistance at $92.38 (Upper Bollinger Band)

Breakout/Breakdown Levels: Potential breakout above $92.38 or breakdown below $73.95 could trigger significant moves.

Time-Sensitive Catalysts:

  • Upcoming earnings release (no specific date available)
  • Potential future announcements related to the company's design services

Risk Management: Stop-loss levels should be set at $83.16 (SMA 20) and $73.95 (Lower Bollinger Band), with position sizing considering the stock's high volatility and beta.

Please note that this is a sample report, and actual data may vary. The analysis provided is based on the given technical indicators, news headlines, and risk metrics.

Generated
Earnings History
12 of 15 under expected move
Avg Expected Move
11.21%
Avg Actual Move
6.10%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-04 After-Close 16.30% 0.33% 0.02x Within
2022-08-03 After-Close 10.82% 2.47% 0.23x Within
2023-05-03 After-Close 11.46% 2.02% 0.18x Within
2023-10-25 After-Close 9.14% 4.40% 0.48x Within
2024-01-31 After-Close 9.96% 9.14% 0.92x Within
2024-03-19 After-Close 8.83% 2.12% 0.24x Within
2024-07-30 After-Close 11.61% 17.65% 1.52x Exceeded
2024-10-30 After-Close 9.58% 4.67% 0.49x Within
2025-01-29 After-Close 8.65% 2.59% 0.30x Within
2025-04-29 After-Close 10.71% 15.00% 1.40x Exceeded
2025-07-30 After-Close 14.14% 1.94% 0.14x Within
2025-11-04 After-Close 11.98% 8.60% 0.72x Within
2026-02-03 After-Close 10.93% 0.07% 0.01x Within
2026-04-29 After-Close 11.46% 13.33% 1.16x Exceeded
2026-07-29 After-Close 12.62% 7.17% 0.57x Within

Earnings calendar: this week’s reports with expected vs actual moves →

BHE Options Activity & IV Rank

BHE IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 51.8%
7-DTE IV: —
Expected Move: $7.33
7-DTE Move: $7.33
Days to Exp: 25 (2026-11-20)

Options Flow

Call Volume: 28
Put Volume: 50
P/C Volume: 1.786
BEARISH
Call OI: 1,579
Put OI: 226
P/C OI: 0.143
Total OI: 1,805

ATM Options Pricing

ATM Call: $4.45
ATM Put: $2.88
Call %: 6.6%
Put %: 4.3%

Chain Summary

Chain Volume: 218
Chain OI: 2,421
Last Updated: 10/26/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 2nd percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
2%
vs own history
GEX tilt
-0.10
OI-weighted, today
Vanna tilt
+0.11
δ-sensitivity to IV
Charm tilt
-0.05
δ-decay vs time

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 5 ATM contracts, 0k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 26 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 26 · ATM 51.2% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)67.0MediumOct 26
Straddle Price (30 DTE)$7.33Oct 26
Beta Analysis

Risk Metrics

Beta: 1.9455
Alpha: 30.49%
Correlation: 0.5482
R-Squared: 30.1%
Stock Volatility: 45.2%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own BHE
4 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$13.5M
0.01%
#1381 of 3716+179.7%13F
Renaissance Technologies Hedge fund
Jim Simons
$2.9M
0.00%
#1768 of 3138new13F
Point72 Hedge fund
Steve Cohen
$2.5M
0.00%
#1206 of 1945new13F
Rockefeller Capital Management Family office
Rockefeller family
$177K
0.00%
#2668 of 4729-0.6%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BHE Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 36,288,750 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

345 filers41,709,408 shares$3.83B value114.94% of float
# Filer Shares Value % of Total % of Float Period
1 BlackRock, Inc. Custodian 5,875,827 $579.77M 15.15% 16.19% 2026-06-30
2 Vanguard Portfolio Management LLC 3,237,002 $319.39M 8.35% 8.92% 2026-06-30
3 Dimensional Fund Advisors LP Custodian 2,231,999 $220.22M 5.76% 6.15% 2026-06-30
4 Vanguard Group Inc Custodian 4,903,016 $209.65M 5.48% 13.51% 2025-12-31
5 American Century Companies, Inc. 1,870,433 $184.56M 4.82% 5.15% 2026-06-30
6 EARNEST PARTNERS LLC 1,640,669 $161.88M 4.23% 4.52% 2026-06-30
7 Vanguard Capital Management LLC 1,554,471 $153.38M 4.01% 4.28% 2026-06-30
8 State Street Corp 1,433,075 $141.64M 3.70% 3.95% 2026-06-30
9 Geode Capital Management, LLC Custodian 1,060,219 $104.63M 2.73% 2.92% 2026-06-30
10 Franklin Resources, Inc. Custodian 1,052,975 $103.90M 2.72% 2.90% 2026-06-30
11 Invesco Ltd. Custodian 1,013,064 $99.96M 2.61% 2.79% 2026-06-30
12 Goldman Sachs Group Inc Custodian 941,227 $92.87M 2.43% 2.59% 2026-06-30
13 Charles Schwab Investment Management, Inc. 591,485 $58.36M 1.53% 1.63% 2026-06-30
14 Wellington Management Group LLP Custodian 586,923 $57.91M 1.51% 1.62% 2026-06-30
15 Morgan Stanley Custodian 540,153 $53.30M 1.39% 1.49% 2026-06-30
16 Two Sigma Investments, LP Custodian 490,220 $48.37M 1.26% 1.35% 2026-06-30
17 Boston Partners 452,255 $43.41M 1.13% 1.25% 2026-06-30
18 Massachusetts Financial Services Co 403,622 $42.08M 1.10% 1.11% 2026-06-30
19 Nuveen, LLC Custodian 421,233 $41.56M 1.09% 1.16% 2026-06-30
20 Allianz Asset Management GmbH 418,393 $41.28M 1.08% 1.15% 2026-06-30
21 Northern Trust Corp Custodian 415,029 $40.95M 1.07% 1.14% 2026-06-30
22 Jane Street Group, LLC Custodian 389,284 $38.41M 1.00% 1.07% 2026-06-30
23 FMR LLC Custodian 372,907 $36.79M 0.96% 1.03% 2026-06-30
24 First Eagle Investment Management, LLC 350,964 $34.63M 0.91% 0.97% 2026-06-30
25 Tributary Capital Management, LLC 344,987 $34.04M 0.89% 0.95% 2026-06-30
4 filers$17.43M notional
# Filer Notional Value % of Total Period
1 PEAK6 LLC $11.84M 67.91% 2026-06-30
2 Jane Street Group, LLC Custodian $2.58M 14.77% 2026-06-30
3 Citadel Advisors LLC Custodian $1.57M 9.00% 2026-06-30
4 Susquehanna International Group, LLP Custodian $1.45M 8.32% 2026-06-30
3 filers$1.48M notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $957.10K 64.67% 2026-06-30
2 Susquehanna International Group, LLP Custodian $296.01K 20.00% 2026-06-30
3 Jane Street Group, LLC Custodian $226.94K 15.33% 2026-06-30

BHE Insider Trading (Form 4)

Latest: 2026-10-15
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-15 Bryan Robert Schumaker EVP, Chief Financial Officer Tax (F) −2,204 $74.37 -$163.9K EDGAR
2026-08-18 David Valkanoff EVP, Chief Operating Officer Tax (F) −2,078 $84.17 -$174.9K EDGAR
2026-08-18 David Moezidis President and CEO Tax (F) −4,569 $84.17 -$384.6K EDGAR
2026-08-12 Anne De Greef-Safft Director Sell (S) −6,000 $82.10 -$492.6K EDGAR
2026-06-11 Stephen J Beaver SVP, General Counsel and CLO Sell (S) −20,000 $86.25 -$1.73M EDGAR
2026-05-28 Mike Slessor Director Award (A) +2,093 — EDGAR
2026-05-28 Kenneth T Lamneck Director Award (A) +2,093 — EDGAR
2026-05-28 Anne De Greef-Safft Director Award (A) +2,093 — EDGAR
2026-05-28 Glynis Bryan Director Award (A) +2,093 — EDGAR
2026-05-28 Douglas Britt Director Award (A) +2,093 — EDGAR
2026-05-28 David W Scheible Director Award (A) +2,093 — EDGAR
2026-05-28 Charles M Swoboda Director Award (A) +2,093 — EDGAR
2026-05-28 Lynn A Wentworth Director Award (A) +2,093 — EDGAR
2026-05-26 David Moezidis President and CEO Sell (S) −12,500 $87.57 -$1.09M EDGAR
2026-05-20 Rhonda R Turner SVP, Chief HR Officer Gift (G) −400 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BHE Insider Holdings

17 insiders · @ $66.95
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Jeff Benck CEO 353,677 $23.68M -$4.66M 38 2026-02-27
2 David Moezidis President and CEO 80,995 $5.42M -$1.09M 10 2026-08-18
3 Stephen J Beaver SVP, General Counsel and CLO 75,020 $5.02M -$2.45M 29 2026-06-11
4 David W Scheible Director 64,150 $4.29M -$1.95M 16 2026-05-28
5 David Valkanoff EVP, Chief Operating Officer 59,506 $3.98M $0 9 2026-08-18
6 Robert K Gifford Director 54,390 $3.64M -$81.7K 11 2025-05-15
7 Jan M Janick SVP, Chief Technology Officer 53,401 $3.58M -$1.42M 31 2025-11-20
8 Kenneth T Lamneck Director 49,511 $3.31M -$1.98M 14 2026-05-28
9 Bryan Robert Schumaker EVP, Chief Financial Officer 40,357 $2.70M $0 5 2026-10-15
10 Anne De Greef-Safft Director 37,136 $2.49M -$392.7K 10 2026-08-12
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

BHE Board & Officers

As of SEC filings through Oct 15, 2026

Directors 9

Officers 6

Changes in the last 10 years (47)
Apr 2, 2026David Moezidis listed as President and CEO (previously President) in SEC filings
Apr 2, 2026David Moezidis first listed as a director in an SEC filing
Feb 24, 2026David Moezidis listed as President (previously EVP, Chief Commercial Officer) in SEC filings
Jan 22, 2026Jeff Benck listed as CEO (previously President and CEO) in SEC filings
Dec 29, 2025The company announced the departure of Jan M Janick as SVP, Chief Technology Officer in an SEC filing
Dec 10, 2025David Lee Cummings became SVP, Chief Commercial Officer
Oct 7, 2025The company announced the departure of Robert K Gifford from the board in an SEC filing
Oct 7, 2025Mike Slessor became a director
Sep 2, 2025The company announced the departure of Jeff Benck from the board in an SEC filing
Aug 4, 2025Charles M Swoboda became a director
May 13, 2025Glynis Bryan became a director
Apr 2, 2025The company announced the departure of Ramesh Gopalakrishnan from the board in an SEC filing
Apr 2, 2025The company announced the departure of Jeffrey Stephen McCreary from the board in an SEC filing
Oct 14, 2024Bryan Robert Schumaker became EVP, Chief Financial Officer
Apr 1, 2024Arvind Kamal became Interim CFO
Mar 19, 2024The company announced the departure of Roop Kalyan Lakkaraju as EVP, Chief Financial Officer in an SEC filing
Aug 15, 2023David Valkanoff became EVP, Chief Operating Officer
Aug 15, 2023David Moezidis became EVP, Chief Commercial Officer
Jul 31, 2023The company announced the departure of Robert Crawford as SVP, Chief Revenue Officer in an SEC filing
Mar 21, 2023The company announced the departure of Michael D. Buseman as EVP, Chief Operating Officer in an SEC filing
Not reported recently (12)
  • Jeff Benck · Last reported as CEO in an SEC filing dated Feb 27, 2026
  • Arvind Kamal · Last reported as Interim CFO in an SEC filing dated May 8, 2024
  • Bruce A Carlson · Last reported as a director in an SEC filing dated May 14, 2021
  • Merilee Raines · Last reported as a director in an SEC filing dated May 14, 2021
  • Lisa K Weeks · Last reported as Vice President in an SEC filing dated Mar 4, 2020
  • Scott M. Hicar · Last reported as Vice President in an SEC filing dated Feb 24, 2020
  • Paul J Tufano · Last reported as a director in an SEC filing dated Feb 22, 2019
  • Nathalie Carruthers · Last reported as VP Worldwide Human Resources in an SEC filing dated Sep 7, 2018
  • Clay C Williams · Last reported as a director in an SEC filing dated May 17, 2018
  • Donald Francis Adam · Last reported as Chief Financial Officer in an SEC filing dated Jul 25, 2017
  • Jon J King · Last reported as Executive Vice President in an SEC filing dated Apr 25, 2017
  • Greg W Cominos · Last reported as Executive Vice President in an SEC filing dated Feb 23, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

BHE Proposed Insider Sales (Form 144)

Latest: 2026-08-07
Last 30d: 0 filings  ·  Last 90d: 1 filing · $492K notice value · 1 unique filer

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: De Greef-Safft Anne (1, $492K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-08-07 De Greef-Safft Anne Officer 6,000 $492.0K 2026-08-07 Fidelity Brokerage Services LLC — EDGAR
2026-06-11 JEFFREY BENCK Former Affiliate 50,000 $4.25M 2026-06-11 Morgan Stanley Smith Barney LLC … — EDGAR
2026-06-11 STEPHEN BEAVER Officer 20,000 $1.66M 2026-06-11 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-06-03 JEFFREY BENCK Director, Officer 75,000 $6.61M 2026-06-03 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-05-26 DAVID MOEZIDIS Director, Officer 12,500 $1.06M 2026-05-26 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-05-12 LAMNECK KENNETH T Director 25,000 $2.16M 2026-05-12 Charles Schwab Corp. — EDGAR
2026-05-12 David W. Scheible Chairman of the Board 22,989 $2.54M 2026-05-12 Merrill — EDGAR
2026-05-04 JEFFREY BENCK Former Affiliate 25,000 $2.06M 2026-05-04 Morgan Stanley Smith Barney LLC … — EDGAR
2026-02-12 JEFFREY BENCK Director, Officer 10,000 $589.3K 2026-02-12 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-02-06 JEFFREY BENCK Director, Officer 25,000 $1.40M 2026-02-06 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
123 ETFs hold BHE
25 shown · $1.35B total exposure · 0.16% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VXUS Vanguard Total International Stock ETF Vanguard 0.03% $213.9M — 2026-09-30
2 VWO Vanguard FTSE Emerging Markets ETF Vanguard 0.12% $205.0M — 2026-09-30
3 IJR iShares Core S&P Small-Cap ETF iShares (BlackRock) 0.14% $140.8M $104.0B 2026-10-23
4 AVUV Avantis U.S. Small Cap Value ETF Avantis 0.36% $113.9M $32.2B 2026-10-23
5 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $90.2M — 2026-09-30
6 VGT Vanguard Information Technology ETF Vanguard 0.04% $75.2M — 2026-09-30
7 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.04% $63.7M — 2026-09-30
8 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.08% $59.9M $74.6B 2026-10-23
9 VBR Vanguard Morningstar Small-Cap Value ETF Vanguard 0.06% $41.4M — 2026-09-30
10 DFAT Dimensional US Targeted Value ETF Dimensional 0.12% $35.7M — 2026-10-23
11 VEU Vanguard FTSE All-World Ex-US ETF Vanguard 0.04% $34.6M — 2026-09-30
12 VXF Vanguard Extended Market ETF Vanguard 0.04% $33.6M — 2026-09-30
13 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.39% $25.6M $6.6B 2026-10-23
14 SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF SPDR (State Street) 0.14% $21.5M $15.8B 2026-10-23
15 SPEM State Street® SPDR® Portfolio Emerging Markets ETF SPDR (State Street) 0.12% $20.6M $16.5B 2026-10-23
16 DFSV Dimensional US Small Cap Value ETF Dimensional 0.07% $20.5M — 2026-10-23
17 IJS iShares S&P Small-Cap 600 Value ETF iShares (BlackRock) 0.26% $19.6M $7.7B 2026-10-23
18 DFAS Dimensional US Small Cap ETF Dimensional 0.05% $18.2M — 2026-10-23
19 XSMO Invesco S&P SmallCap Momentum ETF Invesco 0.66% $18.1M — 2026-10-24
20 FNDA Schwab Fundamental U.S. Small Company ETF Nport 0.20% $17.6M — 2026-05-31
21 DFMC Dimensional US Micro Cap ETF Dimensional 0.23% $17.6M — 2026-10-23
22 VTWO Vanguard Russell 2000 ETF Vanguard 0.10% $17.4M — 2026-09-30
23 BSVO EA Bridgeway Omni Small-Cap Value ETF Nport 0.70% $16.8M — 2026-06-30
24 SCHA Schwab U.S. Small-Cap ETF Nport 0.06% $14.4M — 2026-05-31
25 VT Vanguard Total World Stock ETF Vanguard 0.01% $12.4M — 2026-09-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
45.86
TTM Diluted EPS
$1.46
TTM Revenue
$2.82B
TTM Net Income
$53.14M
TTM Op. Cash Flow
$176.99M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$755.98M$19.88M$0.55$34.67M
Q1 '262026-03-31$677.28M$13.02M$0.36$47.03M
Q4 '252025-12-31$704.33M$5.97M$0.16$58.68M
Q3 '252025-09-30$680.68M$14.26M$0.39$36.61M
Q2 '252025-06-30$642.34M$972.00K$0.03$-2.82M
Q1 '252025-03-31$631.76M$3.64M$0.10$31.50M
Q4 '242024-12-31$656.89M$16.22M$0.43$45.92M
Q3 '242024-09-30$657.75M$15.37M$0.42$39.03M
Q2 '242024-06-30$665.90M$15.53M$0.43$55.82M
Q1 '242024-03-31$675.58M$14.00M$0.38$48.46M
Q4 '232023-12-31$691.35M$17.55M$0.49$137.08M
Q3 '232023-09-30$719.70M$20.41M$0.57$37.58M
Q2 2026 • period ending 2026-06-30 • filed 2026-07-29
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
45.86
P/B
2.18
P/S
0.86
EV/EBITDA
13.99
EV/Sales
0.81
ROE
4.8%
ROA
2.4%
Div Yield
1.03%
FCF Yield
7.28%
Debt/Equity
0.16
Current Ratio
—
Market Cap
$2.43B
as of 2026-10-26
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
1.41M
SI % of Float
4.01%
Days to Cover
2.96
Short Vol Ratio
22.9%
Free Float
35.10M
Float %
97.7%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-08-24