3,699 Shares in DXP Enterprises, Inc. (NASDAQ:DXPE) Purchased by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in shares of DXP Enterprises, Inc. (NASDAQ:DXPE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,699 shares of the industrial products company’s stock, valued at approximately $197,000.

Several other institutional investors and hedge funds have also bought and sold shares of DXPE. Innealta Capital LLC bought a new stake in DXP Enterprises in the second quarter valued at approximately $29,000. Quest Partners LLC raised its stake in DXP Enterprises by 24.8% in the second quarter. Quest Partners LLC now owns 2,109 shares of the industrial products company’s stock valued at $97,000 after buying an additional 419 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in DXP Enterprises by 39.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,113 shares of the industrial products company’s stock valued at $189,000 after buying an additional 1,174 shares during the period. Privium Fund Management UK Ltd bought a new stake in DXP Enterprises in the second quarter valued at approximately $209,000. Finally, Maryland State Retirement & Pension System bought a new stake in DXP Enterprises in the first quarter valued at approximately $244,000. Institutional investors own 74.82% of the company’s stock.

Insider Buying and Selling

In related news, CMO Paz Maestas sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $53.21, for a total transaction of $106,420.00. Following the sale, the chief marketing officer now owns 617,367 shares of the company’s stock, valued at $32,850,098.07. 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 through the SEC website. 22.10% of the stock is currently owned by company insiders.

DXP Enterprises Price Performance

NASDAQ:DXPE opened at $49.15 on Wednesday. The company has a quick ratio of 1.92, a current ratio of 2.39 and a debt-to-equity ratio of 1.35. The stock’s 50 day moving average price is $51.76 and its two-hundred day moving average price is $50.41. The firm has a market capitalization of $782.86 million, a price-to-earnings ratio of 13.65 and a beta of 1.59. DXP Enterprises, Inc. has a 12-month low of $28.82 and a 12-month high of $57.38.

DXP Enterprises (NASDAQ:DXPE) last announced its earnings results on Thursday, August 8th. The industrial products company reported $1.02 earnings per share for the quarter. The company had revenue of $445.56 million for the quarter. DXP Enterprises had a return on equity of 17.22% and a net margin of 3.57%. On average, analysts anticipate that DXP Enterprises, Inc. will post 3.56 earnings per share for the current year.

DXP Enterprises Company Profile

DXP Enterprises, Inc, together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS).