CompX International (NYSE:CIX) Director Ann Manix Sells 1,500 Shares of Stock

CompX International Inc. (NYSE:CIXGet Free Report) Director Ann Manix sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $29.60, for a total value of $44,400.00. Following the completion of the transaction, the director directly owned 8,775 shares in the company, valued at $259,740. This trade represents a 14.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

CompX International Trading Down 0.5%

CompX International stock opened at $31.32 on Thursday. The firm has a market cap of $385.96 million, a price-to-earnings ratio of 20.61 and a beta of 0.91. The stock has a fifty day simple moving average of $26.73 and a two-hundred day simple moving average of $24.73. CompX International Inc. has a 12 month low of $20.29 and a 12 month high of $32.04.

CompX International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, September 3rd will be issued a $0.30 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $1.20 annualized dividend and a yield of 3.8%. CompX International’s dividend payout ratio (DPR) is currently 67.04%.

Hedge Funds Weigh In On CompX International

A hedge fund recently bought a new position in CompX International stock. Russell Investments Group Ltd. purchased a new stake in shares of CompX International Inc. (NYSE:CIXFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,386 shares of the company’s stock, valued at approximately $103,000. Institutional investors and hedge funds own 7.50% of the company’s stock.

About CompX International

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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

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