Insider Selling: CompX International Inc. (NYSE:CIX) Director Sells 1,000 Shares of Stock

CompX International Inc. (NYSE:CIX) Director Mary A. Tidlund sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $29.02, for a total value of $29,020.00. Following the sale, the director now directly owns 5,650 shares of the company’s stock, valued at $163,963. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

CompX International Stock Down 0.5 %

CompX International stock traded down $0.14 during midday trading on Thursday, reaching $28.86. The stock had a trading volume of 1,852 shares, compared to its average volume of 13,270. The firm has a market capitalization of $355.56 million, a PE ratio of 19.35 and a beta of 0.76. CompX International Inc. has a 12 month low of $20.06 and a 12 month high of $39.91. The firm’s 50-day moving average price is $29.12 and its 200 day moving average price is $26.83.

CompX International Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.20 annualized dividend and a yield of 4.16%. CompX International’s dividend payout ratio is currently 78.95%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of CompX International from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th.

Institutional Trading of CompX International

An institutional investor recently raised its position in CompX International stock. BNP Paribas Financial Markets boosted its holdings in CompX International Inc. (NYSE:CIX) by 998.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,471 shares of the company’s stock after acquiring an additional 4,973 shares during the quarter. BNP Paribas Financial Markets’ holdings in CompX International were worth $188,000 at the end of the most recent reporting period. 7.50% of the stock is owned by institutional investors and hedge funds.

CompX International Company Profile

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.