November 28, 2016 - By Marie Mckinney
Mr. Paul Burns, the Vice Pres. Corp Development at Standex International Corp has not a long ago been involved with a transaction of 1,707 shares of the company, valued at $89.3 per share. The transaction amounted to a total value of of $152,350 U.S Dollars. Paul Burns at the moment has rights to 0.05% of Standex International Corp’s market capitalization with ownership of 6,073 shares.
Insitutional Activity: The institutional sentiment increased to 1.35 in Q2 2016. Its up 0.42, from 0.93 in 2016Q1. The ratio increased, as 21 funds sold all Standex Int’l Corp. shares owned while 46 reduced positions. 14 funds bought stakes while 48 increased positions. They now own 11.78 million shares or 13.71% more from 10.36 million shares in 2016Q1.
Citigroup Incorporated, a New York-based fund reported 6,438 shares. Secor Capital Advsrs L P has 0.03% invested in the company for 2,668 shares. Millennium Management Ltd Limited Liability Company reported 12,878 shares or 0% of all its holdings. The New York-based Teton Advisors has invested 0.21% in Standex Int’l Corp. (NYSE:SXI). The New York-based Pinebridge Invests Lp has invested 0.01% in Standex Int’l Corp. (NYSE:SXI). The Colorado-based Advisors Asset Mgmt has invested 0.01% in Standex Int’l Corp. (NYSE:SXI). Moreover, Champlain Prtnrs Limited has 0.75% invested in Standex Int’l Corp. (NYSE:SXI) for 528,330 shares. Martingale Asset Management Limited Partnership holds 5,003 shares or 0.01% of its portfolio. Morgan Stanley last reported 0% of its portfolio in the stock. Invesco Ltd owns 71,871 shares or 0% of their US portfolio. Picton Mahoney Asset Management holds 0.01% of its portfolio in Standex Int’l Corp. (NYSE:SXI) for 1,000 shares. State Board Of Administration Of Florida Retirement Systems holds 0% of its portfolio in Standex Int’l Corp. (NYSE:SXI) for 6,557 shares. Victory Cap Mngmt last reported 319,417 shares in the company. Blackrock Institutional Tru Na holds 0% or 317,686 shares in its portfolio. Bessemer Grp, a New Jersey-based fund reported 58 shares.
Insider Transactions: Since June 13, 2016, the stock had 0 insider buys, and 7 sales for $2.16 million net activity. On Friday, September 16 FENOGLIO WILLIAM R sold $597,127 worth of the stock or 6,847 shares. Another trade for 4,455 shares valued at $391,149 was sold by Dunbar David A. FICKENSCHER GERALD H also sold $175,498 worth of Standex Int’l Corp. (NYSE:SXI) shares. FIX ROGER L sold $213,500 worth of Standex Int’l Corp. (NYSE:SXI) on Friday, November 11.
About 20,451 shares traded hands. Standex Int’l Corp. (NYSE:SXI) has risen 14.61% since April 25, 2016 and is uptrending. It has outperformed by 8.59% the S&P500.
Standex International Corporation is a diversified manufacturing company. The company has a market cap of $1.15 billion. The Firm is a maker of a range of services and products for diverse commercial and industrial market divisions. It has a 22.87 P/E ratio. The Firm has 11 operating divisions, aggregated and organized into five divisions: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics.
According to Zacks Investment Research, “Standex International Corp. is a diversified manufacturer producing and marketing a wide variety of useful, quality products. The company enjoys a broad and well-balanced earnings base by virtue of its strong market position in selected areas of operation. (PRESS RELEASE)”
Analysts await Standex Int’l Corp. (NYSE:SXI) to report earnings on February, 7. They expect $0.94 earnings per share, down 7.84% or $0.08 from last year’s $1.02 per share. SXI’s profit will be $12.06 million for 23.83 P/E if the $0.94 EPS becomes a reality. After $1.11 actual earnings per share reported by Standex Int’l Corp. for the previous quarter, Wall Street now forecasts -15.32% negative EPS growth.
More news for Standex Int’l Corp. (NYSE:SXI) were recently published by: Rttnews.com, which released: “Standex Sees Q2 Food Service Organic Sales & Profit To Be Below Last Year” on October 28, 2016. Forbes.com‘s article titled: “America’s 100 Most Trustworthy Companies” and published on March 18, 2014 is yet another important article.
Standex International Corporation, incorporated on May 22, 1975, is a diversified manufacturing company. The Firm is a maker of a range of services and products for diverse commercial and industrial market divisions. The Firm has 11 operating divisions, aggregated and organized into five divisions: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics. The Firm has activities in the United States, Europe, Asia, Africa and Latin America.
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