Anixter International Inc. (NYSE:AXE) CEO Robert J. Eck sold 174 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $75.85, for a total value of $13,197.90. The transaction was disclosed in a filing with the SEC, which is available at this link.

Robert J. Eck also recently made the following trade(s):

  • On Thursday, December 21st, Robert J. Eck sold 11,000 shares of Anixter International stock. The shares were sold at an average price of $75.00, for a total value of $825,000.00.

Anixter International Inc. (NYSE AXE) traded up $0.15 during midday trading on Wednesday, hitting $76.15. The stock had a trading volume of 171,400 shares, compared to its average volume of 154,500. The company has a market cap of $2,550.00, a P/E ratio of 17.79, a P/E/G ratio of 1.33 and a beta of 2.03. Anixter International Inc. has a 52-week low of $62.40 and a 52-week high of $88.60. The company has a quick ratio of 1.17, a current ratio of 2.07 and a debt-to-equity ratio of 0.87.

Anixter International (NYSE:AXE) last issued its quarterly earnings results on Tuesday, October 24th. The technology company reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.21). The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.06 billion. Anixter International had a return on equity of 12.52% and a net margin of 1.86%. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.38 earnings per share. equities analysts expect that Anixter International Inc. will post 5.13 EPS for the current fiscal year.

A number of research firms have recently commented on AXE. TheStreet downgraded Anixter International from a “b-” rating to a “c” rating in a research report on Tuesday, November 21st. Zacks Investment Research upgraded Anixter International from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. Finally, ValuEngine upgraded Anixter International from a “hold” rating to a “buy” rating in a research report on Friday, December 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $86.00.

A number of institutional investors and hedge funds have recently modified their holdings of AXE. Vanguard Group Inc. lifted its position in Anixter International by 4.5% in the second quarter. Vanguard Group Inc. now owns 2,949,688 shares of the technology company’s stock worth $230,666,000 after buying an additional 126,313 shares during the last quarter. Victory Capital Management Inc. lifted its position in Anixter International by 12.2% in the third quarter. Victory Capital Management Inc. now owns 979,820 shares of the technology company’s stock worth $83,284,000 after buying an additional 106,813 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in 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 worth $102,894,000 after buying an additional 100,300 shares during the last quarter. Alliancebernstein L.P. lifted its position in Anixter International by 5.9% in the second quarter. Alliancebernstein L.P. now owns 1,456,881 shares of the technology company’s stock worth $113,928,000 after buying an additional 81,578 shares during the last quarter. Finally, Jennison Associates LLC lifted its position in Anixter International by 13.3% in the third quarter. Jennison Associates LLC now owns 674,785 shares of the technology company’s stock worth $57,357,000 after buying an additional 79,274 shares during the last quarter. Institutional investors own 87.90% of the company’s stock.

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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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