Shares of Standex International Corp. (NYSE:SXI) saw strong trading volume on Wednesday . 57,888 shares changed hands during mid-day trading, an increase of 5% from the previous session’s volume of 55,183 shares.The stock last traded at $87.31 and had previously closed at $86.88.

Separately, Zacks Investment Research raised shares of Standex International Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th.

The firm has a 50-day moving average price of $85.43 and a 200 day moving average price of $78.17. The company has a market capitalization of $1.12 billion and a P/E ratio of 19.88.

Standex International Corp. (NYSE:SXI) last posted its quarterly earnings results on Tuesday, May 3rd. The company reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by $0.12. During the same period in the prior year, the firm posted $1.02 earnings per share. The company had revenue of $177.50 million for the quarter, compared to analyst estimates of $183.10 million. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, analysts anticipate that Standex International Corp. will post $4.64 EPS for the current year.

In other Standex International Corp. news, Director William R. Fenoglio sold 1,189 shares of the firm’s stock in a transaction on Monday, June 13th. The stock was sold at an average price of $87.96, for a total transaction of $104,584.44. Following the transaction, the director now directly owns 14,484 shares in the company, valued at approximately $1,274,012.64. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Sean C. Valashinas sold 710 shares of the firm’s stock in a transaction on Monday, May 9th. The shares were sold at an average price of $79.96, for a total value of $56,771.60. Following the transaction, the chief accounting officer now owns 1,412 shares in the company, valued at $112,903.52. The disclosure for this sale can be found here.

Other institutional investors recently modified their holdings of the company. California State Teachers Retirement System boosted its position in shares of Standex International Corp. by 1.3% in the fourth quarter. California State Teachers Retirement System now owns 23,633 shares of the company’s stock valued at $1,965,000 after buying an additional 300 shares during the period. Rhumbline Advisers boosted its position in shares of Standex International Corp. by 1.8% in the fourth quarter. Rhumbline Advisers now owns 17,852 shares of the company’s stock valued at $1,484,000 after buying an additional 320 shares during the period. Principal Financial Group Inc. boosted its position in shares of Standex International Corp. by 8.6% in the fourth quarter. Principal Financial Group Inc. now owns 87,381 shares of the company’s stock valued at $7,266,000 after buying an additional 6,955 shares during the period. Foresters Investment Management Company Inc. boosted its position in shares of Standex International Corp. by 14.4% in the fourth quarter. Foresters Investment Management Company Inc. now owns 59,500 shares of the company’s stock valued at $4,947,000 after buying an additional 7,500 shares during the period. Finally, Nationwide Fund Advisors boosted its position in shares of Standex International Corp. by 99.4% in the fourth quarter. Nationwide Fund Advisors now owns 16,919 shares of the company’s stock valued at $1,407,000 after buying an additional 8,436 shares during the period.

Standex International Corporation is a diversified manufacturing company for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment Group, Engraving Group, Engineering Technologies Group (ETG), Electronics Products Group and Hydraulics Products Group.

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