Optex Systems Holdings, Inc (NASDAQ:OPXS) CEO Danny Robert Schoening Sells 9,787 Shares

Optex Systems Holdings, Inc (NASDAQ:OPXS - Get Free Report) CEO Danny Robert Schoening sold 9,787 shares of Optex Systems stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $8.05, for a total transaction of $78,785.35. Following the sale, the chief executive officer now directly owns 924,794 shares of the company's stock, valued at $7,444,591.70. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through 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 transaction of $17,641.02.
• On Wednesday, May 21st, Danny Robert Schoening sold 10,027 shares of Optex Systems stock. The stock was sold at an average price of $8.01, for a total transaction of $80,316.27.

Optex Systems Price Performance

OPXS traded down $0.03 during midday trading on Wednesday, reaching $8.76. 7,478 shares of the company's stock traded hands, compared to its average volume of 23,357. The firm has a fifty day moving average of $6.55 and a two-hundred day moving average of $6.87. Optex Systems Holdings, Inc has a 52 week low of $5.36 and a 52 week high of $10.30. The stock has a market capitalization of $60.56 million, a price-to-earnings ratio of 14.36 and a beta of 0.13.

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

Hedge Funds Weigh In On Optex Systems

Several large investors have recently modified their holdings of the stock. IFP Advisors Inc purchased a new position in shares of Optex Systems in the fourth quarter worth $71,000. Fullcircle Wealth LLC purchased a new position in Optex Systems during the first quarter valued at $83,000. LPL Financial LLC grew its stake in shares of Optex Systems by 22.5% during the 4th quarter. LPL Financial LLC now owns 21,775 shares of the company's stock valued at $149,000 after acquiring an additional 4,000 shares during the period. Citadel Advisors LLC boosted its position in shares of Optex Systems by 23.0% in the fourth quarter. Citadel Advisors LLC now owns 23,664 shares of the company's stock worth $162,000 after purchasing an additional 4,431 shares during the period. Finally, Evernest Financial Advisors LLC purchased a new stake in Optex Systems in the 4th quarter worth $180,000. Hedge funds and other institutional investors own 19.07% of the company's stock.

Optex Systems Company Profile

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.