Optex Systems Holdings Inc. (NASDAQ:OPXS - Get Free Report) major shareholder Topline Capital Partners, Lp sold 47,700 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $11.68, for a total transaction of $557,136.00. Following the completion of the sale, the insider directly owned 691,256 shares in the company, valued at approximately $8,073,870.08. The trade was a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Topline Capital Partners, Lp also recently made the following trade(s):
- On Friday, June 27th, Topline Capital Partners, Lp sold 10,000 shares of Optex Systems stock. The stock was sold at an average price of $11.26, for a total value of $112,600.00.
- On Thursday, June 26th, Topline Capital Partners, Lp sold 30,945 shares of Optex Systems stock. The shares were sold at an average price of $11.07, for a total value of $342,561.15.
Optex Systems Price Performance
Shares of NASDAQ OPXS remained flat at $11.49 during mid-day trading on Monday. 131,256 shares of the stock were exchanged, compared to its average volume of 29,969. The company has a market capitalization of $79.40 million, a PE ratio of 16.18 and a beta of 0.25. The firm's fifty day moving average is $8.35 and its 200-day moving average is $7.04. Optex Systems Holdings Inc. has a one year low of $5.36 and a one year high of $12.01.
Optex Systems (NASDAQ:OPXS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.26 earnings per share (EPS) 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 during the quarter.
Institutional Trading of Optex Systems
Several hedge funds have recently added to or reduced their stakes in the company. Fullcircle Wealth LLC bought a new position in Optex Systems during the 1st quarter worth $83,000. Huntleigh Advisors Inc. grew its stake in shares of Optex Systems by 6.4% in the first 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 in the last quarter. 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. Topline Capital Management LLC bought a new stake in Optex Systems in the 4th quarter valued at about $5,350,000. Finally, LPL Financial LLC grew its position 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. 19.07% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded Optex Systems to a "strong-buy" rating in a research note on Friday.
Read Our Latest Stock Analysis on OPXS
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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