DXP Enterprises, Inc. (NASDAQ:DXPE) CMO Paz Maestas Sells 2,000 Shares

DXP Enterprises, Inc. (NASDAQ:DXPE) CMO Paz Maestas sold 2,000 shares of DXP Enterprises stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $53.21, for a total value of $106,420.00. Following the transaction, the chief marketing officer now owns 617,367 shares in the company, valued at approximately $32,850,098.07. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Paz Maestas also recently made the following trade(s):

• On Friday, August 16th, Paz Maestas sold 2,500 shares of DXP Enterprises stock. The stock was sold at an average price of $49.00, for a total value of $122,500.00.

DXP Enterprises Stock Performance

Shares of DXPE opened at $53.89 on Friday. The firm’s 50 day moving average price is $50.89 and its two-hundred day moving average price is $49.82. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.92 and a current ratio of 2.39. DXP Enterprises, Inc. has a twelve month low of $28.82 and a twelve month high of $57.38. The firm has a market cap of $858.36 million, a P/E ratio of 14.97 and a beta of 1.59.

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

Institutional Trading of DXP Enterprises

A number of institutional investors have recently modified their holdings of DXPE. Dimensional Fund Advisors LP raised its position in DXP Enterprises by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,122,651 shares of the industrial products company’s stock valued at $37,834,000 after buying an additional 14,328 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in shares of DXP Enterprises in the second quarter valued at approximately $32,797,000. Renaissance Technologies LLC lifted its position in shares of DXP Enterprises by 125.3% in the second quarter. Renaissance Technologies LLC now owns 111,300 shares of the industrial products company’s stock worth $5,102,000 after purchasing an additional 61,900 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in DXP Enterprises by 5.5% during the second quarter. Acadian Asset Management LLC now owns 101,058 shares of the industrial products company’s stock worth $4,630,000 after purchasing an additional 5,311 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in DXP Enterprises by 63.1% during the second quarter. LSV Asset Management now owns 90,495 shares of the industrial products company’s stock worth $4,148,000 after purchasing an additional 35,011 shares during the last quarter. 74.82% of the stock is currently owned by institutional investors.

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).