Optex Systems Holdings, Inc (NASDAQ:OPXS - Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 15,000 shares, an increase of 23.0% from the April 30th total of 12,200 shares. Approximately 0.3% of the company's stock are short sold. Based on an average daily volume of 19,000 shares, the short-interest ratio is currently 0.8 days.
Optex Systems Stock Down 2.5%
Shares of OPXS traded down $0.24 during trading on Thursday, reaching $9.21. The company's stock had a trading volume of 63,109 shares, compared to its average volume of 24,326. The company has a fifty day moving average of $6.86 and a two-hundred day moving average of $6.89. Optex Systems has a twelve month low of $5.36 and a twelve month high of $10.30. The company has a market cap of $63.67 million, a price-to-earnings ratio of 15.10 and a beta of 0.25.
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 for the quarter. Optex Systems had a return on equity of 22.99% and a net margin of 11.87%. The business had revenue of $10.73 million during the quarter.
Insider Buying and Selling at Optex Systems
In other Optex Systems news, Director Dale E. Lehmann sold 30,000 shares of the company's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $5.65, for a total value of $169,500.00. Following the transaction, the director now directly owns 144,258 shares of the company's stock, valued at $815,057.70. This represents a 17.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Danny Robert Schoening sold 9,787 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $8.05, for a total value of $78,785.35. Following the completion of the transaction, the chief executive officer now directly owns 924,794 shares in the company, valued at approximately $7,444,591.70. The trade was a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 52,000 shares of company stock valued at $346,243 in the last three months. Corporate insiders own 30.30% of the company's stock.
Institutional Investors Weigh In On Optex Systems
A number of institutional investors have recently made changes to their positions in the company. Huntleigh Advisors Inc. increased its holdings in shares of Optex Systems by 6.4% in the 1st quarter. Huntleigh Advisors Inc. now owns 33,395 shares of the company's stock valued at $190,000 after acquiring an additional 2,021 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Optex Systems by 22.5% in the 4th quarter. LPL Financial LLC now owns 21,775 shares of the company's stock valued at $149,000 after acquiring an additional 4,000 shares during the last quarter. Citadel Advisors LLC increased 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 acquiring an additional 4,431 shares during the last quarter. IFP Advisors Inc bought a new stake in shares of Optex Systems in the 4th quarter valued at approximately $71,000. Finally, Fullcircle Wealth LLC bought a new stake in shares of Optex Systems in the 1st quarter valued at approximately $83,000. 19.07% of the stock is currently owned by institutional investors.
Optex Systems Company Profile
(
Get Free Report)
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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