Insider Selling: CompX International (NYSE:CIX) Director Sells 1,500 Shares

Key Points

• Director Ann Manix sold 1,500 CompX International shares at an average price of $29.60, generating $44,400. Following the sale, she retained 8,775 shares, a 14.6% reduction in her ownership.
• CompX shares rose to $31.93, near the company’s 52-week high of $32.04, with a market capitalization of approximately $393.5 million.
• The company declared a quarterly dividend of $0.30 per share, payable September 15 to shareholders of record September 3, implying an annualized yield of 3.8%.

CompX International Inc. (NYSE:CIX - Get Free Report) Director Ann Manix sold 1,500 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $29.60, for a total transaction of $44,400.00. Following the completion of the transaction, the director owned 8,775 shares of the company's stock, valued at $259,740. This trade represents a 14.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

CompX International Stock Performance

CIX traded up $0.45 during trading on Wednesday, reaching $31.93. The stock had a trading volume of 2,060 shares, compared to its average volume of 4,175. The business has a 50-day moving average of $26.59 and a 200-day moving average of $24.67. CompX International Inc. has a one year low of $20.29 and a one year high of $32.04. The stock has a market cap of $393.47 million, a PE ratio of 21.01 and a beta of 0.91.

CompX International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, September 3rd. CompX International's dividend payout ratio (DPR) is currently 67.04%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CompX International stock. Geode Capital Management LLC lifted its holdings in CompX International Inc. (NYSE:CIX - Free Report) by 2.6% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 35,889 shares of the company's stock after acquiring an additional 917 shares during the quarter. Geode Capital Management LLC owned 0.29% of CompX International worth $954,000 at the end of the most recent quarter. Institutional investors own 7.50% of the company's stock.

About CompX International

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company's Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.

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