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 stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $7.01, for a total transaction of $87,540.88. Following the completion of the sale, the insider now owns 793,575 shares of the company’s stock, valued at approximately $5,562,960.75. The trade was a 1.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 Trading Down 2.4 %

OPXS opened at $6.86 on Wednesday. The stock’s 50 day simple moving average is $8.40 and its 200-day simple moving average is $8.03. The stock has a market cap of $47.31 million, a PE ratio of 11.25 and a beta of 0.28. 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 announced its quarterly earnings results on Thursday, December 19th. The company reported $0.15 earnings per share (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 grew its stake in Optex Systems Holdings, Inc (NASDAQ:OPXS) by 44.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,535 shares of the company’s stock after purchasing an additional 17,472 shares during the period. Geode Capital Management LLC owned approximately 0.82% of Optex Systems worth $431,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 19.07% of the company’s stock.

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.