Insider Selling: Optex Systems Holdings, Inc (NASDAQ:OPXS) CEO Sells 2,186 Shares of Stock

Optex Systems Holdings, Inc (NASDAQ:OPXS - Get Free Report) CEO Danny Robert Schoening sold 2,186 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $8.07, for a total value of $17,641.02. Following the sale, the chief executive officer now owns 922,608 shares of the company's stock, valued at approximately $7,445,446.56. This represents a 0.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Danny Robert Schoening also recently made the following trade(s):

• On Thursday, May 22nd, Danny Robert Schoening sold 9,787 shares of Optex Systems stock. The stock was sold at an average price of $8.05, for a total value of $78,785.35.
• On Wednesday, May 21st, Danny Robert Schoening sold 10,027 shares of Optex Systems stock. The shares were sold at an average price of $8.01, for a total transaction of $80,316.27.

Optex Systems Price Performance

NASDAQ:OPXS traded down $0.41 during trading hours on Friday, reaching $8.50. The company's stock had a trading volume of 34,497 shares, compared to its average volume of 23,446. Optex Systems Holdings, Inc has a one year low of $5.36 and a one year high of $10.30. The business's 50-day moving average is $6.67 and its 200-day moving average is $6.88. The company has a market cap of $58.76 million, a price-to-earnings ratio of 13.93 and a beta of 0.13.

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. The firm had revenue of $10.73 million during the quarter. Optex Systems had a return on equity of 22.99% and a net margin of 11.87%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc acquired a new stake in Optex Systems during the fourth quarter worth about $71,000. Fullcircle Wealth LLC acquired a new stake in shares of Optex Systems during the 1st quarter worth approximately $83,000. LPL Financial LLC grew its holdings 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 worth $149,000 after purchasing an additional 4,000 shares in the last quarter. Citadel Advisors LLC increased its position in shares of Optex Systems by 23.0% during the fourth 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. Finally, Evernest Financial Advisors LLC acquired a new position in shares of Optex Systems in the fourth quarter valued at $180,000. Institutional investors own 19.07% of the company's stock.

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.