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 company's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $8.07, for a total value of $17,641.02. Following the completion of the transaction, the chief executive officer now directly owns 922,608 shares in the company, valued at $7,445,446.56. The trade was a 0.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 stock was sold at an average price of $8.01, for a total value of $80,316.27.

Optex Systems Price Performance

NASDAQ:OPXS traded up $0.10 during trading hours on Monday, reaching $8.63. 39,306 shares of the company were exchanged, compared to its average volume of 23,584. The company has a market capitalization of $59.66 million, a P/E ratio of 14.15 and a beta of 0.13. Optex Systems Holdings, Inc has a 1-year low of $5.36 and a 1-year high of $10.30. The business has a 50 day moving average of $6.67 and a 200 day moving average of $6.86.

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

Institutional Investors Weigh In On Optex Systems

A number of large investors have recently added to or reduced their stakes in OPXS. Topline Capital Management LLC acquired a new stake in Optex Systems during the fourth quarter worth approximately $5,350,000. Evernest Financial Advisors LLC acquired a new stake in shares of Optex Systems in the 4th quarter valued at $180,000. Fullcircle Wealth LLC acquired a new stake in shares of Optex Systems in the 1st quarter valued at $83,000. IFP Advisors Inc acquired a new stake in shares of Optex Systems in the 4th quarter valued at $71,000. Finally, Citadel Advisors LLC boosted its holdings in shares of 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 in the last quarter. Institutional investors and hedge funds 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.