IFP Advisors Inc Makes New $71,000 Investment in Optex Systems Holdings, Inc (NASDAQ:OPXS)

IFP Advisors Inc bought a new position in Optex Systems Holdings, Inc (NASDAQ:OPXS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,400 shares of the company’s stock, valued at approximately $71,000. IFP Advisors Inc owned 0.15% of Optex Systems as of its most recent SEC filing.

Separately, Geode Capital Management LLC increased its stake in Optex Systems by 44.7% in the third quarter. Geode Capital Management LLC now owns 56,535 shares of the company’s stock worth $431,000 after purchasing an additional 17,472 shares during the period. 19.07% of the stock is owned by institutional investors.

Optex Systems Stock Down 0.5 %

OPXS stock opened at $5.60 on Thursday. The business’s fifty day simple moving average is $6.44 and its two-hundred day simple moving average is $7.64. Optex Systems Holdings, Inc has a twelve month low of $5.51 and a twelve month high of $10.30. The firm has a market cap of $38.62 million, a price-to-earnings ratio of 9.18 and a beta of 0.26.

Optex Systems (NASDAQ:OPXS) last released its earnings results on Monday, February 10th. The company reported $0.12 earnings per share for the quarter. Optex Systems had a return on equity of 22.99% and a net margin of 11.87%.

Insider Activity

In other news, insider Topline Capital Management, Ll sold 12,488 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $7.01, for a total transaction of $87,540.88. Following the transaction, the insider now owns 793,575 shares in the company, valued at approximately $5,562,960.75. This trade represents a 1.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 30.30% of the company’s stock.

Optex Systems Profile

Optex Systems Holdings, Inc manufactures and sells optical sighting systems and assemblies primarily for the U.S. department of defense, foreign military applications, and commercial markets in the United States. It offers periscopes, such as laser and non-laser protected plastic and glass periscopes, electronic M17 day/thermal periscopes, and vision blocks; sighting systems, including back up sights, digital day and night sighting systems, M36 thermal periscope, unity mirrors, optical weapon system support and maintenance, commander weapon station sights, and sight assembly refurbishments; howitzers comprising M137 telescope, M187 mount, M119 aiming device, XM10 and aiming circles; and applied optics center consisting of laser interference filter, optical assemblies, laser filter units, day windows, and specialty thin film coatings, as well as other products, such as muzzle reference systems, binoculars, collimators, optical lenses and elements, and windows.