DXP Enterprises Inc (DXPE) VP Todd Hamlin Sells 2,500 Shares

DXP Enterprises Inc (NASDAQ:DXPE) VP Todd Hamlin sold 2,500 shares of the stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $29.68, for a total transaction of $74,200.00. Following the sale, the vice president now owns 23,446 shares of the company’s stock, valued at $695,877.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Todd Hamlin also recently made the following trade(s):

  • On Friday, December 29th, Todd Hamlin sold 2,500 shares of DXP Enterprises stock. The stock was sold at an average price of $29.68, for a total transaction of $74,200.00.

Shares of DXP Enterprises Inc (NASDAQ DXPE) traded up $0.61 on Friday, reaching $29.61. 59,800 shares of the company’s stock traded hands, compared to its average volume of 80,633. The company has a quick ratio of 1.79, a current ratio of 2.51 and a debt-to-equity ratio of 0.91. DXP Enterprises Inc has a twelve month low of $24.86 and a twelve month high of $42.00. The stock has a market capitalization of $525.41, a price-to-earnings ratio of 30.21 and a beta of 2.64.

DXP Enterprises (NASDAQ:DXPE) last issued its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.06). DXP Enterprises had a return on equity of 6.87% and a net margin of 1.83%. The company had revenue of $251.90 million during the quarter, compared to analysts’ expectations of $250.42 million. During the same quarter last year, the business earned $0.02 earnings per share. The business’s quarterly revenue was up 9.5% on a year-over-year basis. analysts anticipate that DXP Enterprises Inc will post 0.67 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Frontier Capital Management Co. LLC lifted its holdings in DXP Enterprises by 2.9% in the third quarter. Frontier Capital Management Co. LLC now owns 1,012,314 shares of the industrial products company’s stock worth $31,878,000 after buying an additional 28,887 shares during the period. Dimensional Fund Advisors LP lifted its holdings in DXP Enterprises by 10.8% in the third quarter. Dimensional Fund Advisors LP now owns 921,040 shares of the industrial products company’s stock worth $29,004,000 after buying an additional 89,735 shares during the period. Vanguard Group Inc. lifted its holdings in DXP Enterprises by 6.1% in the second quarter. Vanguard Group Inc. now owns 826,254 shares of the industrial products company’s stock worth $28,505,000 after buying an additional 47,508 shares during the period. American Century Companies Inc. lifted its holdings in DXP Enterprises by 236.0% in the third quarter. American Century Companies Inc. now owns 560,641 shares of the industrial products company’s stock worth $17,655,000 after buying an additional 393,778 shares during the period. Finally, Penn Capital Management Co. Inc. lifted its holdings in DXP Enterprises by 21.5% in the second quarter. Penn Capital Management Co. Inc. now owns 398,571 shares of the industrial products company’s stock worth $13,751,000 after buying an additional 70,619 shares during the period. Institutional investors and hedge funds own 74.25% of the company’s stock.

A number of analysts have recently weighed in on DXPE shares. BidaskClub upgraded shares of DXP Enterprises from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research lowered shares of DXP Enterprises from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $42.00.

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DXP Enterprises Company Profile

DXP Enterprises, Inc (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers.

Insider Buying and Selling by Quarter for DXP Enterprises (NASDAQ:DXPE)

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