Insider Selling: Optex Systems Holdings Inc. (NASDAQ:OPXS) Director Sells 2,500 Shares of Stock

Optex Systems Holdings Inc. (NASDAQ:OPXS - Get Free Report) Director Judd Dayton sold 2,500 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $9.45, for a total value of $23,625.00. Following the completion of the sale, the director now owns 801,883 shares in the company, valued at approximately $7,577,794.35. This represents a 0.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Judd Dayton also recently made the following trade(s):

• On Tuesday, June 17th, Judd Dayton sold 1,800 shares of Optex Systems stock. The stock was sold at an average price of $8.95, for a total value of $16,110.00.
• On Monday, June 16th, Judd Dayton sold 14,077 shares of Optex Systems stock. The stock was sold at an average price of $9.28, for a total value of $130,634.56.

Optex Systems Trading Up 3.1%

Optex Systems stock traded up $0.27 during mid-day trading on Tuesday, hitting $9.07. The company had a trading volume of 30,782 shares, compared to its average volume of 26,744. Optex Systems Holdings Inc. has a 12-month low of $5.36 and a 12-month high of $11.20. The company has a market capitalization of $62.67 million, a price-to-earnings ratio of 12.77 and a beta of 0.25. The company's fifty day moving average is $7.53 and its 200-day moving average is $6.91.

Optex Systems (NASDAQ:OPXS - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.26 earnings per share (EPS) for the quarter. Optex Systems had a return on equity of 25.10% and a net margin of 13.06%. The firm had revenue of $10.73 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Fullcircle Wealth LLC purchased a new position in shares of Optex Systems during the 1st quarter valued at approximately $83,000. Huntleigh Advisors Inc. lifted its position in shares of Optex Systems by 6.4% during the 1st quarter. Huntleigh Advisors Inc. now owns 33,395 shares of the company's stock valued at $190,000 after buying an additional 2,021 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Optex Systems by 23.0% during the 4th quarter. Citadel Advisors LLC now owns 23,664 shares of the company's stock valued at $162,000 after buying an additional 4,431 shares in the last quarter. Topline Capital Management LLC purchased a new position in shares of Optex Systems during the 4th quarter valued at approximately $5,350,000. Finally, LPL Financial LLC lifted its position 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 buying an additional 4,000 shares in the last quarter. 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.

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