Danny Robert Schoening Sells 14,066 Shares of Optex Systems (NASDAQ:OPXS) Stock

Optex Systems Holdings Inc. (NASDAQ:OPXS) Director Danny Robert Schoening sold 14,066 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $13.02, for a total value of $183,139.32. Following the completion of the transaction, the director directly owned 853,600 shares of the company’s stock, valued at approximately $11,113,872. The trade was a 1.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Danny Robert Schoening also recently made the following trade(s):

• On Monday, January 5th, Danny Robert Schoening sold 5,495 shares of Optex Systems stock. The shares were sold at an average price of $13.08, for a total value of $71,874.60.
• On Friday, January 2nd, Danny Robert Schoening sold 34,147 shares of Optex Systems stock. The stock was sold at an average price of $13.87, for a total value of $473,618.89.

Optex Systems Stock Performance

Shares of NASDAQ OPXS opened at $13.31 on Thursday. Optex Systems Holdings Inc. has a 52-week low of $5.36 and a 52-week high of $17.76. The business has a fifty day moving average of $14.41 and a two-hundred day moving average of $13.31. The stock has a market cap of $92.37 million, a PE ratio of 17.75 and a beta of 0.64.

Analyst Ratings Changes

OPXS has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Optex Systems from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Optex Systems in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Institutional Trading of Optex Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wasatch Advisors LP acquired a new stake in shares of Optex Systems in the 3rd quarter valued at $1,285,000. Marshall Wace LLP bought a new position in Optex Systems in the second quarter valued at about $604,000. Archon Capital Management LLC acquired a new stake in Optex Systems in the second quarter worth about $332,000. Ameriprise Financial Inc. bought a new stake in Optex Systems during the 2nd quarter worth about $304,000. Finally, Ritholtz Wealth Management acquired a new position in Optex Systems during the 3rd quarter valued at about $289,000. Institutional investors and hedge funds own 19.07% of the company’s stock.

Optex Systems Company Profile

Optex Systems Holdings, Inc (NASDAQ: OPXS) is a technology company specializing in infrared sensing systems for defense and homeland security applications. The company engineers, designs and manufactures electro-optical and infrared (EO/IR) payloads and sensors used across a range of surveillance and targeting platforms. Its core focus areas include mission-critical solutions for unmanned aerial vehicles (UAVs), rotary- and fixed-wing aircraft, and ground-based observation systems.

Optex Systems’ product portfolio consists of high-resolution thermal imaging cameras, infrared seekers, laser designators and multispectral platforms.