Optex Systems Holdings Inc. $OPXS Position Boosted by Wasatch Advisors LP

Wasatch Advisors LP boosted its holdings in Optex Systems Holdings Inc. (NASDAQ:OPXS) by 49.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 398,148 shares of the company’s stock after acquiring an additional 132,405 shares during the quarter. Wasatch Advisors LP owned 5.74% of Optex Systems worth $5,266,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Archon Capital Management LLC grew its stake in shares of Optex Systems by 109.8% in the fourth quarter. Archon Capital Management LLC now owns 176,004 shares of the company’s stock worth $2,496,000 after purchasing an additional 92,094 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Optex Systems by 1.3% during 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. Marshall Wace LLP raised its stake in shares of Optex Systems by 15.7% during the fourth quarter. Marshall Wace LLP now owns 90,872 shares of the company’s stock valued at $1,289,000 after purchasing an additional 12,337 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in Optex Systems by 92.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 72,795 shares of the company’s stock worth $1,032,000 after purchasing an additional 34,942 shares during the period. Finally, Informed Momentum Co LLC lifted its holdings in Optex Systems by 26.7% in the fourth quarter. Informed Momentum Co LLC now owns 66,861 shares of the company’s stock worth $948,000 after purchasing an additional 14,104 shares during the period. Institutional investors own 19.07% of the company’s stock.

Optex Systems Stock Up 1.8%

Shares of Optex Systems stock opened at $12.80 on Friday. Optex Systems Holdings Inc. has a 12-month low of $9.74 and a 12-month high of $17.76. The firm has a market capitalization of $89.09 million, a PE ratio of 21.69 and a beta of 0.50. The stock’s fifty day moving average is $11.54 and its 200-day moving average is $12.97.

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on OPXS shares. Freedom Capital upgraded shares of Optex Systems to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Optex Systems in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Optex Systems has a consensus rating of “Buy”.

Optex Systems Company 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.