Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips Sells 1,850 Shares of Stock

Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips sold 1,850 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $54.17, for a total value of $100,214.50. Following the sale, the vice president now owns 13,591 shares in the company, valued at $736,224.47. The trade was a 11.98 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Kewaunee Scientific Price Performance

Shares of KEQU opened at $53.03 on Thursday. The firm has a market capitalization of $152.30 million, a price-to-earnings ratio of 8.40 and a beta of 0.80. The stock’s fifty day moving average is $38.92 and its 200-day moving average is $42.40. Kewaunee Scientific Co. has a one year low of $24.49 and a one year high of $56.95. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.00 and a current ratio of 2.53.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Kewaunee Scientific from a “hold” rating to a “buy” rating in a report on Wednesday.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KEQU. Dimensional Fund Advisors LP boosted its stake in Kewaunee Scientific by 3.6% during the second quarter. Dimensional Fund Advisors LP now owns 177,548 shares of the technology company’s stock valued at $8,378,000 after buying an additional 6,132 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Kewaunee Scientific by 13.4% during the 2nd quarter. Renaissance Technologies LLC now owns 89,611 shares of the technology company’s stock valued at $4,230,000 after purchasing an additional 10,580 shares in the last quarter. De Lisle Partners LLP grew its stake in shares of Kewaunee Scientific by 36.6% in the 3rd quarter. De Lisle Partners LLP now owns 42,958 shares of the technology company’s stock worth $1,446,000 after purchasing an additional 11,511 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Kewaunee Scientific by 8.9% in the 3rd quarter. Geode Capital Management LLC now owns 23,784 shares of the technology company’s stock worth $792,000 after purchasing an additional 1,941 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its holdings in Kewaunee Scientific by 24.6% during the third quarter. Ritholtz Wealth Management now owns 10,913 shares of the technology company’s stock worth $363,000 after buying an additional 2,156 shares in the last quarter. 32.69% of the stock is currently owned by institutional investors.

Kewaunee Scientific Company Profile

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.