Insider Selling: Optex Systems Holdings, Inc (NASDAQ:OPXS) Insider Sells 12,488 Shares of Stock

Optex Systems Holdings, Inc (NASDAQ:OPXS) insider Topline Capital Management, Ll sold 12,488 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $7.01, for a total value of $87,540.88. Following the sale, the insider now directly owns 793,575 shares of the company’s stock, valued at $5,562,960.75. This represents a 1.55 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Topline Capital Management, Ll also recently made the following trade(s):

• On Monday, December 30th, Topline Capital Management, Ll sold 13,674 shares of Optex Systems stock. The stock was sold at an average price of $7.24, for a total value of $98,999.76.

Optex Systems Price Performance

NASDAQ OPXS traded down $0.17 on Tuesday, reaching $6.86. The stock had a trading volume of 81,749 shares, compared to its average volume of 24,633. The company has a market cap of $47.31 million, a P/E ratio of 11.25 and a beta of 0.28. The firm has a fifty day moving average of $8.46 and a two-hundred day moving average of $8.04. Optex Systems Holdings, Inc has a 1-year low of $5.14 and a 1-year high of $10.30.

Optex Systems (NASDAQ:OPXS) last released its quarterly earnings results on Thursday, December 19th. The company reported $0.15 EPS for the quarter. Optex Systems had a net margin of 12.83% and a return on equity of 26.20%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Optex Systems stock. Geode Capital Management LLC increased its stake in shares of Optex Systems Holdings, Inc (NASDAQ:OPXS) by 44.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,535 shares of the company’s stock after buying an additional 17,472 shares during the quarter. Geode Capital Management LLC owned about 0.82% of Optex Systems worth $431,000 at the end of the most recent reporting period. 19.07% of the stock is currently owned by hedge funds and other institutional investors.

Optex Systems Company Profile

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.