Mary A. Tidlund Sells 1,000 Shares of CompX International Inc. (NYSE:CIX) 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 shares were sold at an average price of $29.02, for a total transaction of $29,020.00. Following the completion of the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $163,963. The trade was a 15.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

CompX International Stock Performance

Shares of CompX International stock opened at $30.83 on Friday. The firm’s 50-day simple moving average is $29.24 and its 200-day simple moving average is $26.83. The firm has a market cap of $379.79 million, a P/E ratio of 20.28 and a beta of 0.76. CompX International Inc. has a twelve month low of $20.06 and a twelve month high of $39.91.

CompX International Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 29th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Friday, November 29th. CompX International’s payout ratio is currently 78.95%.

Institutional Trading of CompX International

A hedge fund recently raised its stake in CompX International stock. BNP Paribas Financial Markets increased its stake in shares of CompX International Inc. (NYSE:CIX) by 998.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,471 shares of the company’s stock after purchasing an additional 4,973 shares during the period. BNP Paribas Financial Markets’ holdings in CompX International were worth $188,000 as of its most recent SEC filing. 7.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

About CompX International

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.