Standex International Corp. (NYSE:SXI) shares rose 1% during mid-day trading on Tuesday . The company traded as high as $89.07 and last traded at $88.07, with a volume of 65,703 shares changing hands. The stock had previously closed at $87.22.

Separately, Zacks Investment Research upgraded shares of Standex International Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, April 6th.

The stock’s 50 day moving average price is $85.43 and its 200 day moving average price is $78.17. The firm has a market capitalization of $1.12 billion and a P/E ratio of 19.89.

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

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

A number of institutional investors have recently modified their holdings of the stock. Russell Frank Co increased its position in shares of Standex International Corp. by 63.7% in the fourth quarter. Russell Frank Co now owns 56,659 shares of the company’s stock valued at $4,778,000 after buying an additional 22,051 shares in the last quarter. Nationwide Fund Advisors increased 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 in the last quarter. California State Teachers Retirement System increased 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 in the last quarter. Rhumbline Advisers increased 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 in the last quarter. Finally, Principal Financial Group Inc. increased 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 in the last quarter.

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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