Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips Sells 3,277 Shares

Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips sold 3,277 shares of Kewaunee Scientific stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $32.50, for a total transaction of $106,502.50. Following the completion of the transaction, the vice president now directly owns 10,263 shares in the company, valued at approximately $333,547.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kewaunee Scientific Price Performance

Shares of KEQU opened at $34.40 on Friday. The company has a market capitalization of $98.04 million, a P/E ratio of 11.54 and a beta of 0.66. The business’s 50-day moving average is $29.75 and its two-hundred day moving average is $23.92. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.76 and a current ratio of 2.28. Kewaunee Scientific Co. has a fifty-two week low of $14.56 and a fifty-two week high of $34.45.

Wall Street Analysts Forecast Growth

A number of research firms have commented on KEQU. StockNews.com upgraded Kewaunee Scientific from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 14th. TheStreet lowered shares of Kewaunee Scientific from a “b-” rating to a “c” rating in a research report on Thursday, March 7th.

Institutional Trading of Kewaunee Scientific

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Minerva Advisors LLC lifted its holdings in Kewaunee Scientific by 0.9% in the third quarter. Minerva Advisors LLC now owns 174,432 shares of the technology company’s stock valued at $2,843,000 after acquiring an additional 1,513 shares during the period. Vanguard Group Inc. increased its holdings in shares of Kewaunee Scientific by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 121,961 shares of the technology company’s stock valued at $3,545,000 after purchasing an additional 1,619 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Kewaunee Scientific by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 185,989 shares of the technology company’s stock valued at $3,273,000 after purchasing an additional 742 shares during the period. Renaissance Technologies LLC boosted its holdings in Kewaunee Scientific by 0.7% during the second quarter. Renaissance Technologies LLC now owns 98,111 shares of the technology company’s stock worth $1,631,000 after buying an additional 700 shares in the last quarter. Finally, BlackRock Inc. grew its position in Kewaunee Scientific by 58.2% during the second quarter. BlackRock Inc. now owns 13,102 shares of the technology company’s stock valued at $198,000 after buying an additional 4,822 shares during the period. 32.69% of the stock is owned by institutional investors and hedge funds.

About Kewaunee Scientific

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.