DXP Enterprises Inc (NASDAQ:DXPE) insider Todd Hamlin sold 2,500 shares of the company’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $29.68, for a total transaction of $74,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Todd Hamlin also recently made the following trade(s):

  • On Saturday, December 29th, Todd Hamlin sold 2,500 shares of DXP Enterprises stock. The shares were sold at an average price of $29.68, for a total transaction of $74,200.00.

Shares of DXP Enterprises Inc (NASDAQ DXPE) traded down $1.00 during trading hours on Thursday, hitting $29.00. 86,800 shares of the stock were exchanged, compared to its average volume of 91,050. DXP Enterprises Inc has a 1-year low of $24.86 and a 1-year high of $42.00. The company has a quick ratio of 1.79, a current ratio of 2.51 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $521.76, a PE ratio of 29.59 and a beta of 2.65.

DXP Enterprises (NASDAQ:DXPE) last announced its earnings results on Thursday, November 2nd. The industrial products company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.06). DXP Enterprises had a net margin of 1.83% and a return on equity of 6.87%. The business had revenue of $251.90 million during the quarter, compared to analysts’ expectations of $250.42 million. During the same period in the previous year, the company posted $0.02 earnings per share. DXP Enterprises’s quarterly revenue was up 9.5% on a year-over-year basis. equities research analysts forecast that DXP Enterprises Inc will post 0.67 earnings per share for the current fiscal year.

DXPE has been the subject of a number of research reports. Zacks Investment Research cut shares of DXP Enterprises from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. BidaskClub raised shares of DXP Enterprises from a “hold” rating to a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $42.00.

Several large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio raised its holdings in shares of DXP Enterprises by 9.6% in the third quarter. Public Employees Retirement System of Ohio now owns 49,779 shares of the industrial products company’s stock valued at $1,568,000 after buying an additional 4,348 shares during the last quarter. Algert Global LLC raised its holdings in DXP Enterprises by 711.1% during the third quarter. Algert Global LLC now owns 68,292 shares of the industrial products company’s stock worth $2,151,000 after purchasing an additional 59,872 shares in the last quarter. California Public Employees Retirement System raised its holdings in DXP Enterprises by 8.3% during the third quarter. California Public Employees Retirement System now owns 63,368 shares of the industrial products company’s stock worth $1,995,000 after purchasing an additional 4,868 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its holdings in DXP Enterprises by 27.3% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 82,561 shares of the industrial products company’s stock worth $2,599,000 after purchasing an additional 17,700 shares in the last quarter. Finally, 22NW LP raised its holdings in DXP Enterprises by 378.6% during the third quarter. 22NW LP now owns 35,774 shares of the industrial products company’s stock worth $1,127,000 after purchasing an additional 28,300 shares in the last quarter. 74.25% of the stock is owned by institutional investors and hedge funds.

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About DXP Enterprises

DXP Enterprises, Inc (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers.

Insider Buying and Selling by Quarter for DXP Enterprises (NASDAQ:DXPE)

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