Standex International CFO Cashes Out 731 Shares of Stock
January 8, 2023
Trending News ☀️
Standex International ($NYSE:SXI) is a diversified manufacturing company that produces and distributes a variety of products and services. Its core businesses include food service equipment, engineered products, and custom manufacturing. The company’s stock is traded on the New York Stock Exchange under the ticker symbol SXI. Recently, Standex International’s Chief Financial Officer, Peter C. Kros, sold 731 shares of the company’s stock. The sale of the 731 shares does not represent a significant portion of Mr. Kros’ overall holdings in Standex International. The sale of these shares comes after a period of strong performance for Standex International’s stock.
The stock has also seen strong returns over the past few months as investors have become increasingly upbeat about the company’s prospects. The sale of the 731 shares of stock by Standex International’s Chief Financial Officer is likely a strategic move to take advantage of the recent strength in the stock price. Mr. Kros likely believes that the company’s stock may be overvalued and may be looking to lock in some profits from his investments in Standex International. Overall, this transaction does not appear to be anything out of the ordinary for an executive of a public company.
Share Price
On Thursday, Standex International CFO cashed out 731 shares of stock, with the media sentiment mostly being positive. The stock opened at $101.2 and closed at $102.1, indicating a slight gain. This is not the first time Standex International CFO has cashed out stock, as they have done so multiple times this year. The company has been doing well lately and it’s likely that the CFO was trying to capitalize on the current market conditions. This could be seen as a sign of confidence in the company’s future prospects. It’s also possible that the CFO was simply trying to diversify their portfolio, as many investors do.
It’s important to note that the CFO did not sell all of their stock, so they still have a significant stake in the company. This could indicate that they are still confident in Standex International’s long-term outlook. Investors should keep an eye on this situation and consider following the CFO’s lead if they believe the company has a bright future. It’s always important to do your own research before making any investment decisions, so make sure you understand the risks involved before taking any action. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Standex International. More…
| Total Revenues | Net Income | Net Margin |
| 740.33 | 63.84 | 9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Standex International. More…
| Operations | Investing | Financing |
| 61.94 | -31.21 | -44.64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Standex International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 921.26 | 429.57 | 41.07 |
Key Ratios Snapshot
Some of the financial key ratios for Standex International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.3% | 7.1% | 12.1% |
| FCF Margin | ROE | ROA |
| 5.1% | 11.3% | 6.1% |
VI Analysis
VI App provides a simple way to analyze the company’s potential. According to VI Risk Rating, STANDEX INTERNATIONAL is a medium risk investment, indicating that the company is likely to be a good long-term investment. VI App has identified one risk warning in the company’s balance sheet. The warning may suggest that the company may not be able to meet its financial obligations in the future. Therefore, it is important to investigate the warning further to determine if it will have an adverse impact on the company’s performance in the long run. Investors should use caution when considering investing in STANDEX INTERNATIONAL, as it is not without risks. Investors should conduct further research before investing, and pay close attention to the balance sheet for any signs of financial distress. Additionally, investors should consider the company’s future prospects and potential for growth when making their decision. It is also important to keep an eye on the company’s performance in the stock market and stay updated on any regulatory changes that may have an effect on the company. More…
VI Peers
Standex International Corp has long been locked in competition with a handful of its peers, including Helios Technologies Inc, Crane Co, and Kimball Electronics Inc. All companies face the challenge of finding ways to differentiate themselves in the marketplace, while offering products and services that are in demand by customers. This competition has led to a continuously evolving landscape in which Standex International Corp has had to remain vigilant in order to remain competitive.
– Helios Technologies Inc ($NYSE:HLIO)
Helios Technologies Inc is a diversified industrial technology company that develops and manufactures industrial and energy solutions. It has a market capitalization of 1.81 billion dollars as of 2022 and has a Return on Equity of 12.31%. The company has seen steady growth in its stock price due to its focus on technological innovation and customer service. Helios Technologies Inc is focused on providing customers with high-quality products and services, and its strong financial performance has led to increased investor confidence in the company. The company’s strong ROE indicates that it is making the most of its assets and generating higher returns for its shareholders.
– Crane Co ($NYSE:CR)
Crane Co is a diversified manufacturer and service provider headquartered in Stamford, Connecticut. The company operates in five segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls. Crane Co has a market capitalization of 5.65 billion dollars as of 2022 and a Return on Equity (ROE) of 19.76%. This indicates that the company is performing well above average in terms of its ability to generate profits from shareholders’ investments. The company’s strong ROE indicates that it is well-positioned to generate returns for its investors.
– Kimball Electronics Inc ($NASDAQ:KE)
Kimball Electronics Inc is a global contract electronic manufacturing services provider. The company designs, manufactures and distributes a wide range of products for the automotive, medical, industrial, and public safety markets. As of 2022, Kimball Electronics had a market capitalization of 564.38M. This value represents the total value of the company’s outstanding shares and is often used as an indication of the company’s size. Additionally, Kimball Electronics reported a Return on Equity (ROE) of 7.77%. ROE is a measure of how efficiently a company is using its equity to generate profits, and a higher ROE indicates stronger financial performance.
Summary
Standex International is a diversified manufacturing business with a wide range of products and services. The stock has been performing well, with recent news of the CFO cashing out 731 shares of stock resulting in positive sentiment. Investors looking to invest in Standex International should consider the company’s financials, the competitive landscape, and its outlook for future growth. They should also consider any potential risks associated with the stock, such as a potential slowdown in the economy.
Standex International has a track record of strong performance, with a history of dividend payments and steady share price appreciation. Its diversified portfolio provides investors with a range of investments that can withstand market fluctuations. Furthermore, the company has a strong balance sheet and a strong management team, providing additional assurance to potential investors.
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