IDEX Corporation (NYSE:IEX) SVP Jeffrey D. Bucklew sold 4,000 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $116.79, for a total transaction of $467,160.00. Following the transaction, the senior vice president now owns 6,726 shares of the company’s stock, valued at $785,529.54. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

IDEX Corporation (IEX) traded up 0.17% during mid-day trading on Friday, hitting $117.78. 153,782 shares of the stock were exchanged. The company has a 50-day moving average of $114.88 and a 200-day moving average of $105.02. The stock has a market capitalization of $9.00 billion, a PE ratio of 31.57 and a beta of 1.20. IDEX Corporation has a 52 week low of $82.05 and a 52 week high of $118.76.

IDEX Corporation (NYSE:IEX) last posted its earnings results on Tuesday, July 25th. The industrial products company reported $1.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.02. The company had revenue of $573.40 million during the quarter, compared to analysts’ expectations of $568.43 million. IDEX Corporation had a net margin of 13.12% and a return on equity of 19.01%. IDEX Corporation’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the company posted $0.99 earnings per share. On average, equities analysts predict that IDEX Corporation will post $4.23 EPS for the current fiscal year.

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IEX has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of IDEX Corporation from a “buy” rating to a “hold” rating in a research report on Monday, May 22nd. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of IDEX Corporation in a report on Wednesday, May 24th. BMO Capital Markets reaffirmed a “hold” rating and set a $110.00 price objective on shares of IDEX Corporation in a report on Friday, July 28th. Seaport Global Securities reaffirmed a “neutral” rating on shares of IDEX Corporation in a report on Wednesday, June 21st. Finally, Cowen and Company lifted their price objective on shares of IDEX Corporation from $80.00 to $95.00 and gave the stock a “market perform” rating in a report on Wednesday, July 5th. Eleven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. IDEX Corporation currently has an average rating of “Hold” and an average price target of $104.75.

Institutional investors have recently bought and sold shares of the stock. First Bank & Trust boosted its position in IDEX Corporation by 0.5% in the second quarter. First Bank & Trust now owns 7,326 shares of the industrial products company’s stock valued at $828,000 after buying an additional 34 shares during the last quarter. Global X Management Co. LLC boosted its position in IDEX Corporation by 1.3% in the first quarter. Global X Management Co. LLC now owns 2,869 shares of the industrial products company’s stock valued at $268,000 after buying an additional 36 shares during the last quarter. US Bancorp DE boosted its position in IDEX Corporation by 1.4% in the first quarter. US Bancorp DE now owns 2,646 shares of the industrial products company’s stock valued at $247,000 after buying an additional 37 shares during the last quarter. Steinberg Global Asset Management boosted its position in IDEX Corporation by 0.6% in the second quarter. Steinberg Global Asset Management now owns 8,597 shares of the industrial products company’s stock valued at $972,000 after buying an additional 51 shares during the last quarter. Finally, Creative Planning boosted its position in IDEX Corporation by 4.3% in the first quarter. Creative Planning now owns 1,422 shares of the industrial products company’s stock valued at $133,000 after buying an additional 59 shares during the last quarter. 99.13% of the stock is owned by institutional investors.

IDEX Corporation Company Profile

IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The Company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP).

Insider Buying and Selling by Quarter for IDEX Corporation (NYSE:IEX)

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