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

Optex Systems Holdings Inc. (NASDAQ:OPXS) Director Danny Robert Schoening sold 5,495 shares of Optex Systems stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $13.08, for a total transaction of $71,874.60. Following the sale, the director owned 867,666 shares of the company’s stock, valued at $11,349,071.28. The trade was a 0.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 transaction 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 Stock Up 1.0%

NASDAQ:OPXS traded up $0.13 during midday trading on Tuesday, hitting $13.35. The stock had a trading volume of 69,001 shares, compared to its average volume of 76,100. The stock has a 50-day moving average of $14.56 and a 200 day moving average of $13.29. The company has a market capitalization of $92.61 million, a price-to-earnings ratio of 17.80 and a beta of 0.64. Optex Systems Holdings Inc. has a one year low of $5.36 and a one year high of $17.76.

Wall Street Analyst Weigh In

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

Institutional Trading of Optex Systems

A number of institutional investors have recently made changes to their positions in the business. Financial Advocates Investment Management boosted its stake in Optex Systems by 9.8% during the 2nd quarter. Financial Advocates Investment Management now owns 11,339 shares of the company’s stock worth $130,000 after purchasing an additional 1,012 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Optex Systems by 1.3% in the third quarter. Vanguard Group Inc. now owns 158,087 shares of the company’s stock valued at $2,038,000 after purchasing an additional 1,975 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Optex Systems by 15.3% in the third quarter. Dimensional Fund Advisors LP now owns 18,394 shares of the company’s stock valued at $237,000 after purchasing an additional 2,438 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Optex Systems during the second quarter worth approximately $30,000. Finally, Essex Investment Management Co. LLC boosted its stake in Optex Systems by 15.2% during the third quarter. Essex Investment Management Co. LLC now owns 23,126 shares of the company’s stock worth $298,000 after buying an additional 3,052 shares during the last quarter. Institutional investors and hedge funds own 19.07% of the company’s stock.

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.