Anixter International Inc. (NYSE:AXE) VP William Standish sold 1,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $76.95, for a total value of $76,950.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

William Standish also recently made the following trade(s):

  • On Tuesday, August 15th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $74.70, for a total value of $74,700.00.
  • On Monday, July 17th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $77.55, for a total value of $77,550.00.

Shares of Anixter International Inc. (NYSE:AXE) traded up 2.02% during trading on Friday, hitting $78.15. The stock had a trading volume of 225,492 shares. Anixter International Inc. has a 12-month low of $58.90 and a 12-month high of $88.00. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 17.85 and a beta of 1.98. The stock has a 50-day moving average of $74.43 and a 200 day moving average of $77.69.

Anixter International (NYSE:AXE) last posted its earnings results on Tuesday, July 25th. The technology company reported $1.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.36. Anixter International had a return on equity of 13.09% and a net margin of 1.91%. The business had revenue of $2 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter last year, the firm earned $1.32 earnings per share. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, analysts predict that Anixter International Inc. will post $5.35 earnings per share for the current fiscal year.

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Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Anixter International by 44,948.8% in the first quarter. BlackRock Inc. now owns 3,703,911 shares of the technology company’s stock valued at $293,721,000 after buying an additional 3,695,689 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Anixter International by 4.5% in the second quarter. Vanguard Group Inc. now owns 2,949,688 shares of the technology company’s stock valued at $230,666,000 after buying an additional 126,313 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Anixter International by 5.9% in the second quarter. Alliancebernstein L.P. now owns 1,456,881 shares of the technology company’s stock valued at $113,928,000 after buying an additional 81,578 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Anixter International by 8.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,315,781 shares of the technology company’s stock valued at $102,894,000 after buying an additional 100,300 shares in the last quarter. Finally, Fiduciary Management Inc. WI grew its stake in shares of Anixter International by 6.7% in the first quarter. Fiduciary Management Inc. WI now owns 1,196,538 shares of the technology company’s stock valued at $94,885,000 after buying an additional 75,105 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

A number of brokerages recently issued reports on AXE. BidaskClub raised Anixter International from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. Zacks Investment Research raised Anixter International from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Wells Fargo & Company reissued a “market perform” rating and set a $82.00 price objective (down from $89.00) on shares of Anixter International in a research report on Wednesday, July 12th. Finally, Wolfe Research initiated coverage on Anixter International in a research report on Tuesday, July 11th. They issued an “outperform” rating and a $88.00 target price for the company. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Anixter International presently has an average rating of “Hold” and a consensus price target of $86.00.

Anixter International Company Profile

Anixter International Inc is engaged in the distribution of enterprise cabling and security solutions, electrical and electronic wire and cable products and utility power solutions. The Company operates through three segments: Network & Security Solutions (NSS), Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS).

Insider Buying and Selling by Quarter for Anixter International (NYSE:AXE)

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