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

DXP Enterprises, Inc. (NASDAQ:DXPE) CMO Paz Maestas sold 2,000 shares of DXP Enterprises stock in a transaction 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 transaction, the chief marketing officer now directly owns 617,367 shares of the company’s stock, valued at $32,850,098.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 transaction of $122,500.00.

DXP Enterprises Stock Performance

Shares of NASDAQ:DXPE opened at $52.75 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.92 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $840.20 million, a price-to-earnings ratio of 14.65 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. The firm’s 50-day moving average is $51.02 and its 200 day moving average is $49.94.

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

Institutional Trading of DXP Enterprises

Several institutional investors and hedge funds have recently made changes to their positions in the business. Quest Partners LLC increased its stake in DXP Enterprises by 24.8% in the 2nd quarter. Quest Partners LLC now owns 2,109 shares of the industrial products company’s stock worth $97,000 after buying an additional 419 shares during the period. Innealta Capital LLC bought a new position in shares of DXP Enterprises during the 2nd quarter worth $29,000. Federated Hermes Inc. increased its stake in shares of DXP Enterprises by 8.8% during the second quarter. Federated Hermes Inc. now owns 10,962 shares of the industrial products company’s stock valued at $502,000 after buying an additional 888 shares during the period. New York State Teachers Retirement System raised its holdings in shares of DXP Enterprises by 19.9% in the first quarter. New York State Teachers Retirement System now owns 5,851 shares of the industrial products company’s stock valued at $314,000 after acquiring an additional 973 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted 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 worth $189,000 after acquiring an additional 1,174 shares during the period. 74.82% of the stock is currently owned by institutional investors.

About DXP Enterprises

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).