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IDEX (NYSE:IEX) SVP Frank J. Notaro unloaded 4,000 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $77.15, for a total value of $308,600.00. Following the transaction, the senior vice president now directly owns 21,082 shares of the company’s stock, valued at approximately $1,626,476. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of IDEX (NYSE:IEX) traded up 0.31% on Wednesday, hitting $77.70. 236,591 shares of the company’s stock traded hands. IDEX has a 52-week low of $58.63 and a 52-week high of $81.82. The stock has a 50-day moving average of $77.92 and a 200-day moving average of $75.48. The company has a market cap of $6.222 billion and a P/E ratio of 22.85.

IDEX (NYSE:IEX) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.86 by $0.02. The company had revenue of $546.69 million for the quarter, compared to the consensus estimate of $543.79 million. During the same quarter in the prior year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts predict that IDEX will post $3.54 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on IEX shares. Analysts at Zacks reiterated a “neutral” rating on shares of IDEX in a research note on Friday, August 1st. They now have a $80.00 price target on the stock. Separately, analysts at Janney Montgomery Scott downgraded shares of IDEX from a “buy” rating to a “neutral” rating in a research note on Thursday, July 24th. They now have a $85.00 price target on the stock, up previously from $75.00. Finally, analysts at Brean Capital raised their price target on shares of IDEX from $79.00 to $86.00 in a research note on Wednesday, July 23rd. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $76.63.

IDEX Corporation (NYSE:IEX), is an applied solutions business that sells an array of pumps, flow meters and other fluidics systems and components and engineered products to customers in a variety of markets worldwide.

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