CompX International Inc. (NYSE:CIX) Director Mary A. Tidlund Sells 1,000 Shares

by · The Cerbat Gem

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

CompX International Price Performance

CIX stock traded down $0.14 on Thursday, reaching $28.86. 1,852 shares of the company traded hands, compared to its average volume of 13,270. CompX International Inc. has a one year low of $20.06 and a one year high of $39.91. The firm has a fifty day simple moving average of $29.12 and a 200-day simple moving average of $26.83. The company has a market cap of $355.56 million, a P/E ratio of 19.35 and a beta of 0.76.

CompX International Cuts Dividend

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

Analyst Ratings Changes

Separately, StockNews.com lowered CompX International from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 8th.

Get Our Latest Report on CompX International

Hedge Funds Weigh In On CompX International

A hedge fund recently raised its stake in CompX International stock. Nisa Investment Advisors LLC grew its stake in shares of CompX International Inc. (NYSE:CIXFree Report) by 118.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,310 shares of the company’s stock after buying an additional 710 shares during the period. Nisa Investment Advisors LLC’s holdings in CompX International were worth $38,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 7.50% of the company’s stock.

CompX International Company Profile

(Get Free Report)

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.

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