Topline Capital Management, Ll Sells 12,488 Shares of Optex Systems Holdings, Inc (NASDAQ:OPXS) Stock

Optex Systems Holdings, Inc (NASDAQ:OPXS) insider Topline Capital Management, Ll sold 12,488 shares of Optex Systems stock in a transaction on Friday, December 27th. The stock was sold at an average price of $7.01, for a total transaction of $87,540.88. Following the completion of the transaction, the insider now owns 793,575 shares in the company, valued at $5,562,960.75. This trade represents a 1.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Topline Capital Management, Ll also recently made the following trade(s):

• On Monday, December 30th, Topline Capital Management, Ll sold 13,674 shares of Optex Systems stock. The stock was sold at an average price of $7.24, for a total transaction of $98,999.76.

Optex Systems Price Performance

Shares of NASDAQ:OPXS opened at $6.72 on Friday. Optex Systems Holdings, Inc has a fifty-two week low of $5.14 and a fifty-two week high of $10.30. The company has a market capitalization of $46.35 million, a price-to-earnings ratio of 11.02 and a beta of 0.28. The firm’s 50 day simple moving average is $8.30 and its 200 day simple moving average is $8.01.

Optex Systems (NASDAQ:OPXS) last released its quarterly earnings results on Thursday, December 19th. The company reported $0.15 earnings per share (EPS) for the quarter. Optex Systems had a return on equity of 26.20% and a net margin of 12.83%.

Institutional Trading of Optex Systems

A hedge fund recently raised its stake in Optex Systems stock. Essex Investment Management Co. LLC grew its stake in shares of Optex Systems Holdings, Inc (NASDAQ:OPXS) by 58.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 22,652 shares of the company’s stock after acquiring an additional 8,346 shares during the quarter. Essex Investment Management Co. LLC owned about 0.33% of Optex Systems worth $173,000 as of its most recent SEC filing. 19.07% of the stock is currently owned by institutional investors.

Optex Systems Company Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.