Insider Selling: Optex Systems Holdings Inc. (NASDAQ:OPXS) Director Sells 1,800 Shares of Stock

Optex Systems Holdings Inc. (NASDAQ:OPXS - Get Free Report) Director Judd Dayton sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $8.95, for a total value of $16,110.00. Following the transaction, the director now owns 786,006 shares of the company's stock, valued at $7,034,753.70. This represents a 0.23% decrease in their ownership of the stock. 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 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 transaction of $130,634.56.
• On Friday, June 13th, Judd Dayton sold 2,500 shares of Optex Systems stock. The stock was sold at an average price of $9.45, for a total value of $23,625.00.

Optex Systems Trading Up 3.6%

Shares of NASDAQ OPXS traded up $0.37 during trading hours on Friday, hitting $10.72. 231,246 shares of the company traded hands, compared to its average volume of 28,183. The stock has a market capitalization of $74.08 million, a price-to-earnings ratio of 15.10 and a beta of 0.25. The company's 50 day moving average price is $7.72 and its 200 day moving average price is $6.94. Optex Systems Holdings Inc. has a 12 month low of $5.36 and a 12 month high of $11.20.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc purchased a new stake in Optex Systems in the 4th quarter valued at about $71,000. Fullcircle Wealth LLC bought a new position in Optex Systems in the first quarter worth approximately $83,000. LPL Financial LLC increased its holdings in Optex Systems by 22.5% during the 4th 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. Citadel Advisors LLC raised its position in 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 purchasing an additional 4,431 shares in the last quarter. Finally, Huntleigh Advisors Inc. grew 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 worth $190,000 after buying an additional 2,021 shares in the last quarter. 19.07% of the stock is currently owned by institutional investors.

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.