Shares of Standex International Corp. (NYSE:SXI) saw unusually-high trading volume on Friday . Approximately 109,950 shares changed hands during mid-day trading, an increase of 93% from the previous session’s volume of 56,936 shares.The stock last traded at $88.93 and had previously closed at $87.79.

Separately, Zacks Investment Research downgraded Standex International Corp. from a “hold” rating to a “sell” rating in a research report on Saturday, May 7th.

The stock has a market capitalization of $1.15 billion and a price-to-earnings ratio of 20.39. The firm has a 50 day moving average of $85.61 and a 200 day moving average of $79.09.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 25th. Stockholders of record on Monday, August 8th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, August 4th. This represents a $0.56 annualized dividend and a dividend yield of 0.62%.

In other news, 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 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 completion of the transaction, the director now owns 14,484 shares in the company, valued at approximately $1,274,012.64. The disclosure for this sale can be found here.

Other institutional investors recently made changes to their positions in the company. Foresters Investment Management Company Inc. increased 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 worth $4,947,000 after buying an additional 7,500 shares during the last quarter. Fiduciary Management Associates LLC increased its position in shares of Standex International Corp. by 7.2% in the fourth quarter. Fiduciary Management Associates LLC now owns 258,733 shares of the company’s stock worth $21,513,000 after buying an additional 17,470 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Standex International Corp. by 8.8% in the fourth quarter. Victory Capital Management Inc. now owns 349,525 shares of the company’s stock worth $29,063,000 after buying an additional 28,282 shares during the last quarter. Schroder Investment Management Group bought a new position in shares of Standex International Corp. during the fourth quarter worth approximately $10,843,000. 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 worth $7,266,000 after buying an additional 6,955 shares during 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.