A Director at Standex International Corp is Exercising Options


Today it was reported that a Director at Standex International Corp (NYSE: SXI), Jeffrey S. Edwards, exercised options to buy 645 SXI shares at $58.35 a share, for a total transaction value of $37.64K. The options were close to expired and Jeffrey S. Edwards retained stocks.

This recent transaction increases Jeffrey S. Edwards’ holding in the company by 17.46% to a total of $473.5K. This is Edwards’ first transaction since reporting a Sell transaction on JCI back in January 2010

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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.

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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.

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