Today it was reported that a Director at IDEX Corporation (IEX), William M. Cook, exercised options to sell 4,080 IEX shares at $30.82 a share, for a total transaction value of $660.7K.
Following William M. Cook’s last IEX Sell transaction on August 08, 2018, the stock climbed by 10.2%. In addition to William M. Cook, 7 other IEX executives reported Sell trades in the last month.
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Based on IDEX Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $642 million and quarterly net profit of $113 million. In comparison, last year the company earned revenue of $634 million and had a net profit of $107 million. The company has a one-year high of $173.84 and a one-year low of $117.72. Currently, IDEX Corporation has an average volume of 478.84K.
The insider sentiment on IDEX Corporation has been negative according to 47 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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IDEX Corp. engages in the provision of engineering solutions. It offers its products under two brands namely BAND-IT that produces stainless steel banding, buckles, and clamping systems; and Hurst Jaws of Life, which serves as a rescue tool.
