Geode Capital Management LLC Buys 17,472 Shares of Optex Systems Holdings, Inc (NASDAQ:OPXS)

Geode Capital Management LLC increased its stake in Optex Systems Holdings, Inc (NASDAQ:OPXS) by 44.7% in the third quarter, Holdings Channel.com reports. The firm owned 56,535 shares of the company’s stock after purchasing an additional 17,472 shares during the quarter. Geode Capital Management LLC’s holdings in Optex Systems were worth $431,000 as of its most recent SEC filing.

Separately, Essex Investment Management Co. LLC boosted its position in shares of Optex Systems by 58.3% during the third quarter. Essex Investment Management Co. LLC now owns 22,652 shares of the company’s stock worth $173,000 after buying an additional 8,346 shares during the period. Institutional investors own 19.07% of the company’s stock.

Optex Systems Stock Performance

NASDAQ:OPXS opened at $6.51 on Monday. The company has a market cap of $44.90 million, a PE ratio of 10.67 and a beta of 0.32. The stock has a 50-day simple moving average of $8.06 and a 200 day simple moving average of $8.00. Optex Systems Holdings, Inc has a 52-week low of $5.14 and a 52-week high of $10.30.

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

Insider Buying and Selling at Optex Systems

In other Optex Systems news, insider Topline Capital Management, Ll sold 13,674 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $7.24, for a total value of $98,999.76. Following the completion of the transaction, the insider now directly owns 779,901 shares in the company, valued at $5,646,483.24. This trade represents a 1.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 30.60% of the company’s stock.

Optex Systems 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.