Today it was reported that a Director at Standex International Corp (NYSE: SXI), Thomas J. Hansen, exercised options to buy 860 SXI shares at $58.35 a share, for a total transaction value of $50.18K. The options were close to expired and Thomas J. Hansen retained stocks.
Following this transaction Thomas J. Hansen’s holding in the company was increased by 19.48% to a total of $575.5K. Following Thomas J. Hansen’s last SXI Buy transaction on November 06, 2017, the stock climbed by 5.8%.
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Based on Standex International Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $228 million and quarterly net profit of $12.61 million. In comparison, last year the company earned revenue of $217 million and had a net profit of $14.14 million. SXI’s market cap is $1.39B and the company has a P/E ratio of 38.01. Currently, Standex International Corp has an average volume of 25.56K.
The insider sentiment on Standex International Corp has been positive according to 57 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Standex International Corp. operates as a manufacturer of a variety of products and services for diverse commercial and industrial markets. It operates through the following segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics, Hydraulics, and Corporate and Other.
