SG Americas Securities LLC Acquires New Shares in DXP Enterprises, Inc. (NASDAQ:DXPE)

SG Americas Securities LLC bought a new position in shares of DXP Enterprises, Inc. (NASDAQ:DXPE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,699 shares of the industrial products company’s stock, valued at approximately $197,000.

Several other large investors have also bought and sold shares of DXPE. Innealta Capital LLC bought a new position in DXP Enterprises during the 2nd quarter worth $29,000. Quest Partners LLC raised its position in DXP Enterprises by 24.8% during the 2nd quarter. Quest Partners LLC now owns 2,109 shares of the industrial products company’s stock worth $97,000 after purchasing an additional 419 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in DXP Enterprises by 39.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,113 shares of the industrial products company’s stock worth $189,000 after purchasing an additional 1,174 shares during the last quarter. Privium Fund Management UK Ltd bought a new position in DXP Enterprises during the 2nd quarter worth $209,000. Finally, Maryland State Retirement & Pension System bought a new position in shares of DXP Enterprises in the 1st quarter worth about $244,000. 74.82% of the stock is owned by institutional investors.

DXP Enterprises Stock Performance

DXPE stock opened at $49.15 on Wednesday. The stock has a 50-day moving average price of $51.76 and a 200-day moving average price of $50.41. DXP Enterprises, Inc. has a 1-year low of $28.82 and a 1-year high of $57.38. The company has a current ratio of 2.39, a quick ratio of 1.92 and a debt-to-equity ratio of 1.35. The firm has a market cap of $782.86 million, a PE ratio of 13.65 and a beta of 1.59.

DXP Enterprises (NASDAQ:DXPE) last posted its quarterly earnings data on Thursday, August 8th. The industrial products company reported $1.02 earnings per share for the quarter. DXP Enterprises had a return on equity of 17.22% and a net margin of 3.57%. The firm had revenue of $445.56 million during the quarter. As a group, equities research analysts expect that DXP Enterprises, Inc. will post 3.56 earnings per share for the current year.

Insider Transactions at DXP Enterprises

In other news, CMO Paz Maestas sold 2,000 shares of DXP Enterprises stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $53.21, for a total value of $106,420.00. Following the completion of the transaction, the chief marketing officer now directly owns 617,367 shares of the company’s stock, valued at approximately $32,850,098.07. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 22.10% of the company’s stock.

DXP Enterprises Company Profile

DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).