On November 11, 2024, Thomas Hansen, Director at Standex International Corp (SXI, Financial), executed a sale of 1,661 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider now owns 11,431.254 shares of Standex International Corp.
Standex International Corp (SXI, Financial) is a diversified manufacturing company that operates in several segments including Food Service Equipment, Engraving, Engineering Technologies, Electronics, and Hydraulics. The company is known for its broad range of products and services which are used in various industries worldwide.
Over the past year, Thomas Hansen has sold a total of 3,861 shares and has not purchased any shares. This recent sale continues a trend seen across the company, where there have been 13 insider sells and no insider buys over the past year.
On the day of the sale, shares of Standex International Corp were priced at $210.41, resulting in a market cap of approximately $2.52 billion. The price-earnings ratio of the company stands at 34.19, which is above both the industry median of 25.48 and the historical median for the company.
The stock is currently considered Significantly Overvalued according to the GF Value, with a price-to-GF-Value ratio of 1.59. The GF Value of $132.68 is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors as it aligns with a broader pattern of insider selling at Standex International Corp, despite the stock's current valuation significantly exceeding its GF Value.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
