Insider Selling: Standex Int'l Corp. Director Unloads 37,632 Shares of Stock (SXI)
Standex Int'l Corp. (NYSE:SXI) Director Roger L. Fix sold 37,632 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $74.56, for a total value of $2,805,841.92. Following the sale, the director now directly owns 8,646 shares of the company’s stock, valued at approximately $644,646. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Standex Int'l Corp. (NYSE:SXI) traded down 0.29% on Tuesday, hitting $74.41. The stock had a trading volume of 17,484 shares. Standex Int'l Corp. has a one year low of $52.00 and a one year high of $78.49. The stock’s 50-day moving average is $70.52 and its 200-day moving average is $66.07. The company has a market cap of $949.5 million and a P/E ratio of 22.27.
Standex Int'l Corp. (NYSE:SXI) last posted its quarterly earnings results on Wednesday, August 27th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.12. The company had revenue of $197.30 million for the quarter, compared to the consensus estimate of $175.80 million. During the same quarter in the previous year, the company posted $1.02 earnings per share. On average, analysts predict that Standex Int'l Corp. will post $4.59 earnings per share for the current fiscal year.
Standex International Corporation is a manufacturer of a range of products and services for diverse industrial markets segments.
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