Insider Selling: Standex Int'l Corp. Director Unloads 3,230 Shares of Stock (SXI)
Standex Int'l Corp. (NYSE:SXI) Director Roger L. Fix unloaded 3,230 shares of Standex Int'l Corp. stock on the open market in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $74.82, for a total value of $241,668.60. Following the completion of the sale, the director now directly owns 8,646 shares in the company, valued at approximately $646,894. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Standex Int'l Corp. (NYSE:SXI) traded down 0.21% on Thursday, hitting $74.69. The stock had a trading volume of 15,029 shares. Standex Int'l Corp. has a 52-week low of $52.29 and a 52-week high of $78.49. The stock has a 50-day moving average of $70.6 and a 200-day moving average of $66.53. The company has a market cap of $953.0 million and a price-to-earnings ratio of 22.34.
Standex Int'l Corp. (NYSE:SXI) last released its earnings data 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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