Anixter International Inc. (NYSE:AXE) VP William Standish sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $86.20, for a total transaction of $86,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Friday, September 15th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $76.95, for a total transaction of $76,950.00.
  • 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 transaction of $74,700.00.

Shares of Anixter International Inc. (AXE) traded up 1.34% on Tuesday, hitting $87.25. 112,924 shares of the stock traded hands. The firm has a market capitalization of $2.90 billion, a PE ratio of 19.93 and a beta of 2.03. The firm’s 50 day moving average is $79.82 and its 200 day moving average is $78.17. Anixter International Inc. has a 52 week low of $59.95 and a 52 week high of $88.30.

Anixter International (NYSE:AXE) last issued its earnings results on Tuesday, July 25th. The technology company reported $1.36 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.36. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.01 billion. Anixter International had a return on equity of 11.74% and a net margin of 2.00%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.32 earnings per share. On average, analysts expect that Anixter International Inc. will post $5.35 EPS for the current fiscal year.

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Several research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Anixter International from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. BidaskClub lowered shares of Anixter International from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Robert W. Baird restated a “hold” rating and set a $86.00 price target on shares of Anixter International in a research note on Friday, September 1st. Wells Fargo & Company restated a “market perform” rating and set a $82.00 price target (down previously from $89.00) on shares of Anixter International in a research note on Wednesday, July 12th. Finally, Wolfe Research assumed coverage on shares of Anixter International in a research note on Tuesday, July 11th. They set an “outperform” rating and a $88.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Anixter International has an average rating of “Hold” and an average price target of $86.00.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Amalgamated Bank raised its stake in Anixter International by 1.3% during the second quarter. Amalgamated Bank now owns 3,973 shares of the technology company’s stock worth $311,000 after acquiring an additional 51 shares in the last quarter. OxFORD Asset Management LLP raised its stake in Anixter International by 1.5% during the second quarter. OxFORD Asset Management LLP now owns 4,604 shares of the technology company’s stock worth $360,000 after acquiring an additional 68 shares in the last quarter. US Bancorp DE raised its stake in Anixter International by 1.6% during the second quarter. US Bancorp DE now owns 4,527 shares of the technology company’s stock worth $354,000 after acquiring an additional 72 shares in the last quarter. Strs Ohio raised its stake in Anixter International by 1.3% during the second quarter. Strs Ohio now owns 15,900 shares of the technology company’s stock worth $1,243,000 after acquiring an additional 200 shares in the last quarter. Finally, Mutual of America Capital Management LLC raised its stake in Anixter International by 0.8% during the second quarter. Mutual of America Capital Management LLC now owns 24,432 shares of the technology company’s stock worth $1,911,000 after acquiring an additional 203 shares in the last quarter. 85.53% of the stock is owned by hedge funds and other institutional investors.

About Anixter International

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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