Optex Systems Holdings, Inc (NASDAQ:OPXS) Director Sells $169,500.00 in Stock

Optex Systems Holdings, Inc (NASDAQ:OPXS) Director Dale E. Lehmann sold 30,000 shares of the business’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $5.65, for a total transaction of $169,500.00. Following the transaction, the director now directly owns 144,258 shares in the company, valued at approximately $815,057.70. The trade was a 17.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Optex Systems Trading Down 1.3 %

NASDAQ:OPXS opened at $5.50 on Friday. Optex Systems Holdings, Inc has a 12 month low of $5.42 and a 12 month high of $10.30. The company has a 50-day moving average price of $6.26 and a 200-day moving average price of $7.54. The stock has a market cap of $37.93 million, a price-to-earnings ratio of 9.02 and a beta of 0.26.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Topline Capital Management LLC purchased a new stake in Optex Systems in the fourth quarter worth $5,350,000. Geode Capital Management LLC lifted 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 buying an additional 17,472 shares during the period. Evernest Financial Advisors LLC bought a new stake in shares of Optex Systems during the 4th quarter valued at $180,000. Citadel Advisors LLC grew its position in shares of Optex Systems by 23.0% in the 4th 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 increased its stake in shares of Optex Systems by 22.5% in the 4th quarter. LPL Financial LLC now owns 21,775 shares of the company’s stock worth $149,000 after acquiring an additional 4,000 shares in the last quarter. Hedge funds and other institutional investors own 19.07% of the company’s stock.

About Optex Systems

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.