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 Optex Systems stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $9.45, for a total value of $23,625.00. Following the transaction, the director now owns 801,883 shares of the company's stock, valued at $7,577,794.35. This trade represents a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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 shares were 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 shares were sold at an average price of $9.28, for a total transaction of $130,634.56.

Optex Systems Stock Up 3.6%

OPXS stock traded up $0.37 during trading on Friday, reaching $10.72. The stock had a trading volume of 231,246 shares, compared to its average volume of 28,183. Optex Systems Holdings Inc. has a one year low of $5.36 and a one year high of $11.20. The company's 50 day moving average is $7.72 and its two-hundred day moving average is $6.94. The company has a market capitalization of $74.08 million, a price-to-earnings ratio of 15.10 and a beta of 0.25.

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

Institutional Trading of Optex Systems

Several hedge funds and other institutional investors have recently modified their holdings of OPXS. IFP Advisors Inc bought a new stake in shares of Optex Systems during the 4th quarter valued at $71,000. Citadel Advisors LLC boosted its holdings in Optex Systems by 23.0% in the 4th quarter. Citadel Advisors LLC now owns 23,664 shares of the company's stock valued at $162,000 after purchasing an additional 4,431 shares during the period. LPL Financial LLC increased its holdings in shares of 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 purchasing an additional 4,000 shares during the period. Topline Capital Management LLC purchased a new stake in shares of Optex Systems in the fourth quarter worth $5,350,000. Finally, Fullcircle Wealth LLC purchased a new position in Optex Systems during the first quarter worth about $83,000. 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.