Optex Systems Holdings, Inc (NASDAQ:OPXS) Director Dale E. Lehmann Sells 30,000 Shares

Optex Systems Holdings, Inc (NASDAQ:OPXS) Director Dale E. Lehmann sold 30,000 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $5.65, for a total value of $169,500.00. Following the completion of the transaction, the director now owns 144,258 shares in the company, valued at $815,057.70. The trade was a 17.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Optex Systems Trading Down 0.2 %

Shares of OPXS stock opened at $5.57 on Thursday. Optex Systems Holdings, Inc has a 12-month low of $5.43 and a 12-month high of $10.30. The stock’s 50-day moving average price is $6.29 and its 200-day moving average price is $7.55. The stock has a market capitalization of $38.42 million, a price-to-earnings ratio of 9.13 and a beta of 0.26.

Optex Systems (NASDAQ:OPXS) last issued its earnings results on Monday, February 10th. The company reported $0.12 earnings per share (EPS) for the quarter. Optex Systems had a return on equity of 22.99% and a net margin of 11.87%.

Institutional Investors Weigh In On Optex Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc purchased a new stake in Optex Systems during the fourth quarter valued at approximately $71,000. Geode Capital Management LLC raised its position in Optex Systems by 44.7% during the third quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock valued at $431,000 after purchasing an additional 17,472 shares during the period. Evernest Financial Advisors LLC purchased a new stake in shares of Optex Systems in the fourth quarter worth approximately $180,000. Citadel Advisors LLC raised its holdings in shares of Optex Systems by 23.0% in the fourth quarter. Citadel Advisors LLC now owns 23,664 shares of the company’s stock worth $162,000 after buying an additional 4,431 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of Optex Systems by 22.5% in the fourth quarter. LPL Financial LLC now owns 21,775 shares of the company’s stock worth $149,000 after buying an additional 4,000 shares during the period. 19.07% of the stock is currently owned by hedge funds and other institutional investors.

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.