DXP Enterprises, Inc. (NASDAQ:DXPE) CMO Sells $106,420.00 in Stock

DXP Enterprises, Inc. (NASDAQ:DXPE) CMO Paz Maestas sold 2,000 shares of the stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $53.21, for a total value of $106,420.00. Following the sale, the chief marketing officer now directly owns 617,367 shares in the company, valued at approximately $32,850,098.07. The sale was disclosed in a document filed with the SEC, which is available at this link.

Paz Maestas also recently made the following trade(s):

• On Friday, August 16th, Paz Maestas sold 2,500 shares of DXP Enterprises stock. The shares were sold at an average price of $49.00, for a total value of $122,500.00.

DXP Enterprises Stock Performance

Shares of DXP Enterprises stock opened at $52.75 on Friday. The company has a market capitalization of $840.20 million, a PE ratio of 14.65 and a beta of 1.59. The company has a 50-day simple moving average of $51.02 and a two-hundred day simple moving average of $49.94. DXP Enterprises, Inc. has a one year low of $28.82 and a one year high of $57.38. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.92 and a current ratio of 2.39.

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

Institutional Trading of DXP Enterprises

Hedge funds and other institutional investors have recently made changes to their positions in the business. Innealta Capital LLC purchased a new position in DXP Enterprises during the 2nd quarter worth $29,000. Quest Partners LLC increased its holdings in shares of DXP Enterprises by 24.8% during the second quarter. Quest Partners LLC now owns 2,109 shares of the industrial products company’s stock valued at $97,000 after acquiring an additional 419 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of DXP Enterprises by 39.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,113 shares of the industrial products company’s stock valued at $189,000 after acquiring an additional 1,174 shares in the last quarter. Privium Fund Management UK Ltd purchased a new position in shares of DXP Enterprises in the 2nd quarter valued at approximately $209,000. Finally, Maryland State Retirement & Pension System acquired a new stake in DXP Enterprises in the 1st quarter worth approximately $244,000. Hedge funds and other institutional investors own 74.82% 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).