Optex Systems (NASDAQ:OPXS) Director Danny Robert Schoening Sells 5,495 Shares of Stock

Optex Systems Holdings Inc. (NASDAQ:OPXS) Director Danny Robert Schoening sold 5,495 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $13.08, for a total value of $71,874.60. Following the completion of the sale, the director directly owned 867,666 shares in the company, valued at $11,349,071.28. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Danny Robert Schoening also recently made the following trade(s):

• On Tuesday, January 6th, Danny Robert Schoening sold 14,066 shares of Optex Systems stock. The stock was sold at an average price of $13.02, for a total value of $183,139.32.
• On Friday, January 2nd, Danny Robert Schoening sold 34,147 shares of Optex Systems stock. The shares were sold at an average price of $13.87, for a total value of $473,618.89.

Optex Systems Trading Up 1.0%

Shares of Optex Systems stock opened at $13.35 on Wednesday. Optex Systems Holdings Inc. has a 1 year low of $5.36 and a 1 year high of $17.76. The company’s fifty day simple moving average is $14.49 and its 200-day simple moving average is $13.31. The company has a market cap of $92.65 million, a price-to-earnings ratio of 17.80 and a beta of 0.64.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on OPXS shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Optex Systems in a research report on Wednesday, October 8th. Wall Street Zen lowered Optex Systems from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Optex Systems has a consensus rating of “Buy”.

Hedge Funds Weigh In On Optex Systems

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wasatch Advisors LP acquired a new position in Optex Systems in the third quarter worth about $1,285,000. Marshall Wace LLP acquired a new stake in Optex Systems during the second quarter valued at approximately $604,000. Archon Capital Management LLC bought a new stake in shares of Optex Systems in the 2nd quarter valued at approximately $332,000. Ameriprise Financial Inc. acquired a new position in shares of Optex Systems in the 2nd quarter worth approximately $304,000. Finally, Ritholtz Wealth Management acquired a new position in shares of Optex Systems in the 3rd quarter worth approximately $289,000. 19.07% of the stock is owned by institutional investors.

About Optex Systems

Optex Systems Holdings, Inc (NASDAQ: OPXS) is a technology company specializing in infrared sensing systems for defense and homeland security applications. The company engineers, designs and manufactures electro-optical and infrared (EO/IR) payloads and sensors used across a range of surveillance and targeting platforms. Its core focus areas include mission-critical solutions for unmanned aerial vehicles (UAVs), rotary- and fixed-wing aircraft, and ground-based observation systems.

Optex Systems’ product portfolio consists of high-resolution thermal imaging cameras, infrared seekers, laser designators and multispectral platforms.