Danny Robert Schoening Sells 10,027 Shares of Optex Systems Holdings, Inc (NASDAQ:OPXS) Stock

Optex Systems Holdings, Inc (NASDAQ:OPXS - Get Free Report) CEO Danny Robert Schoening sold 10,027 shares of the stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $8.01, for a total value of $80,316.27. Following the transaction, the chief executive officer now owns 934,581 shares of the company's stock, valued at approximately $7,485,993.81. This trade represents a 1.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Friday, May 23rd, Danny Robert Schoening sold 2,186 shares of Optex Systems stock. The stock was sold at an average price of $8.07, for a total value of $17,641.02.
• On Thursday, May 22nd, Danny Robert Schoening sold 9,787 shares of Optex Systems stock. The shares were sold at an average price of $8.05, for a total transaction of $78,785.35.

Optex Systems Stock Performance

Shares of OPXS stock traded down $0.03 on Wednesday, hitting $8.76. The company's stock had a trading volume of 7,478 shares, compared to its average volume of 23,357. Optex Systems Holdings, Inc has a fifty-two week low of $5.36 and a fifty-two week high of $10.30. The stock's 50 day moving average is $6.55 and its 200-day moving average is $6.87. The company has a market capitalization of $60.56 million, a PE ratio of 14.36 and a beta of 0.13.

Optex Systems (NASDAQ:OPXS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $10.73 million for the quarter. Optex Systems had a net margin of 11.87% and a return on equity of 22.99%.

Institutional Investors Weigh In On Optex Systems

Hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc acquired a new stake in shares of Optex Systems in the fourth quarter valued at about $71,000. LPL Financial LLC boosted its holdings in Optex Systems by 22.5% in the fourth quarter. LPL Financial LLC now owns 21,775 shares of the company's stock worth $149,000 after acquiring an additional 4,000 shares in the last quarter. Topline Capital Management LLC acquired a new position in shares of Optex Systems during the fourth quarter valued at about $5,350,000. Evernest Financial Advisors LLC purchased a new stake in Optex Systems in the 4th quarter valued at $180,000. Finally, Fullcircle Wealth LLC purchased a new stake in Optex Systems in the 1st quarter valued at about $83,000. Institutional investors own 19.07% of the company's stock.

About Optex Systems

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.