Compound Planning Inc. Acquires 287,000 Shares of Trio-Tech International $TRT

Compound Planning Inc. boosted its holdings in Trio-Tech International (NYSE:TRT) by 85.8% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 621,500 shares of the company’s stock after acquiring an additional 287,000 shares during the quarter. Compound Planning Inc. owned 0.07% of Trio-Tech International worth $3,592,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC boosted its position in shares of Trio-Tech International by 12.6% during the 4th quarter. Geode Capital Management LLC now owns 28,261 shares of the company’s stock valued at $374,000 after acquiring an additional 3,164 shares during the last quarter. Essex Investment Management Co. LLC bought a new position in shares of Trio-Tech International in the fourth quarter worth approximately $208,000. James Investment Research Inc. increased its position in shares of Trio-Tech International by 100.0% in the first quarter. James Investment Research Inc. now owns 24,016 shares of the company’s stock worth $139,000 after purchasing an additional 12,008 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Trio-Tech International by 98.4% in the first quarter. Dimensional Fund Advisors LP now owns 243,724 shares of the company’s stock valued at $1,409,000 after purchasing an additional 120,888 shares in the last quarter. Hedge funds and other institutional investors own 16.03% of the company’s stock.

Trio-Tech International Trading Down 6.8%

Shares of Trio-Tech International stock opened at $9.23 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.54 and a quick ratio of 4.25. Trio-Tech International has a 1 year low of $2.56 and a 1 year high of $21.38. The firm has a market cap of $93.34 million, a PE ratio of 65.93 and a beta of 1.92. The company has a 50 day simple moving average of $11.90 and a two-hundred day simple moving average of $8.85.

Insider Buying and Selling at Trio-Tech International

In other news, Director Richard M. Horowitz sold 67,500 shares of Trio-Tech International stock in a transaction on Monday, May 18th. The shares were sold at an average price of $18.10, for a total transaction of $1,221,750.00. Following the completion of the sale, the director directly owned 664,784 shares of the company’s stock, valued at approximately $12,032,590.40. The trade was a 9.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jason T. Adelman sold 5,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $15.84, for a total transaction of $79,200.00. Following the completion of the transaction, the director owned 145,094 shares of the company’s stock, valued at $2,298,288.96. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 122,475 shares of company stock worth $2,119,100. Corporate insiders own 39.50% of the company’s stock.

About Trio-Tech International

Trio-Tech International, Inc, headquartered in Hackensack, New Jersey, is a publicly traded provider of electronic manufacturing services (EMS) and LED‐based technology solutions. Founded in 1986, the company offers turnkey design, engineering, prototyping, assembly and supply chain management services to customers across a range of end markets, including industrial controls, telecommunications, medical equipment and instrumentation.

Within its EMS segment, Trio-Tech delivers printed circuit board assembly (including surface‐mount, through‐hole and mixed-technology boards), box-build and system integration, cable harness design and manufacturing, conformal coating and testing.