Optex Systems Holdings Inc. $OPXS Stake Increased by Wasatch Advisors LP

Wasatch Advisors LP lifted its holdings in Optex Systems Holdings Inc. (NASDAQ:OPXS) by 49.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 398,148 shares of the company’s stock after buying an additional 132,405 shares during the period. Wasatch Advisors LP owned about 0.06% of Optex Systems worth $5,266,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of OPXS. Raymond James Financial Inc. acquired a new position in Optex Systems during the second quarter valued at $30,000. Bank of America Corp DE boosted its position in Optex Systems by 6,439.6% during the 3rd quarter. Bank of America Corp DE now owns 3,466 shares of the company’s stock worth $45,000 after acquiring an additional 3,413 shares during the period. Bridgeway Capital Management LLC purchased a new position in Optex Systems during the 3rd quarter valued at about $142,000. Jane Street Group LLC purchased a new position in Optex Systems during the 4th quarter valued at about $163,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Optex Systems by 454.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,750 shares of the company’s stock valued at $146,000 after purchasing an additional 10,450 shares during the period. Hedge funds and other institutional investors own 19.07% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Optex Systems in a research report on Wednesday, May 13th. Freedom Capital raised shares of Optex Systems to a “strong-buy” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Optex Systems Trading Up 1.8%

OPXS opened at $12.80 on Friday. The stock has a market cap of $89.09 million, a price-to-earnings ratio of 21.69 and a beta of 0.50. Optex Systems Holdings Inc. has a 1 year low of $9.74 and a 1 year high of $17.76. The stock has a fifty day moving average price of $11.54 and a 200 day moving average price of $12.97.

Optex Systems (NASDAQ:OPXS) last issued its earnings results on Monday, May 11th. The company reported $0.19 EPS for the quarter. Optex Systems had a return on equity of 19.33% and a net margin of 10.00%.The firm had revenue of $9.63 million for the quarter.

Optex Systems Profile

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.