Key Points
- Director Ann Manix sold 1,500 CompX International shares at an average price of $29.60, generating $44,400 and reducing her direct holdings by 14.6% to 8,775 shares.
- CompX shares opened at $31.32, near their 52-week high of $32.04, with a market capitalization of approximately $386 million and a P/E ratio of 20.61.
- The company declared a quarterly dividend of $0.30 per share, payable September 15 to shareholders of record September 3, implying a 3.8% annualized yield.
CompX International Inc. (NYSE:CIX - Get Free Report) Director Ann Manix sold 1,500 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $29.60, for a total transaction of $44,400.00. Following the sale, the director directly owned 8,775 shares of the company's stock, valued at approximately $259,740. The trade was a 14.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
CompX International Stock Performance
Shares of CompX International stock opened at $31.32 on Thursday. CompX International Inc. has a one year low of $20.29 and a one year high of $32.04. The stock's fifty day moving average is $26.73 and its 200 day moving average is $24.73. The stock has a market cap of $385.96 million, a P/E ratio of 20.61 and a beta of 0.91.
CompX International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Thursday, September 3rd will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.20 annualized dividend and a dividend yield of 3.8%. CompX International's dividend payout ratio (DPR) is 67.04%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in CompX International stock. Geode Capital Management LLC boosted its position in shares of CompX International Inc. (NYSE:CIX - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,092 shares of the company's stock after acquiring an additional 1,217 shares during the period. Geode Capital Management LLC owned 0.30% of CompX International worth $863,000 at the end of the most recent quarter. 7.50% of the stock is currently owned by institutional investors.
About CompX International
(
Get Free Report)
CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.
The company's Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
