SXI - THOMAS HANSEN Implements A Sell Strategy: Offloads $354K In Standex International Stock | Benzinga
THOMAS HANSEN, Board Member at Standex International (NYSE:SXI), disclosed an insider sell on February 22, according to a recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, HANSEN sold 2,200 shares of Standex International. The total transaction value is $354,299.
The latest market snapshot at Thursday morning reveals Standex International shares down by 0.0%, trading at $161.21.
Unveiling the Story Behind Standex International
Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.
Standex International: Delving into Financials
Decline in Revenue: Over the 3 months period, Standex International faced challenges, resulting in a decline of approximately -5.0% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared ...