12,000 Shares in Pro-Dex, Inc. (NASDAQ:PDEX) Acquired by Fiera Capital Corp

Fiera Capital Corp bought a new position in Pro-Dex, Inc. (NASDAQ:PDEX) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,000 shares of the medical instruments supplier’s stock, valued at approximately $323,000.

A number of other hedge funds also recently modified their holdings of PDEX. Hussman Strategic Advisors Inc. purchased a new stake in Pro-Dex in the first quarter worth approximately $194,000. Exchange Traded Concepts LLC purchased a new stake in Pro-Dex in the first quarter worth approximately $540,000. Victory Capital Management Inc. purchased a new stake in Pro-Dex in the first quarter worth approximately $1,379,000. Dimensional Fund Advisors LP boosted its holdings in Pro-Dex by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 52,562 shares of the medical instruments supplier’s stock worth $1,628,000 after purchasing an additional 1,133 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in Pro-Dex by 2.4% in the first quarter. BlackRock Inc. now owns 60,641 shares of the medical instruments supplier’s stock worth $1,635,000 after purchasing an additional 1,395 shares during the last quarter. Institutional investors own 22.40% of the company’s stock.

In other news, CFO Alisha Charlton sold 978 shares of Pro-Dex stock in a transaction on Tuesday, May 25th. The shares were sold at an average price of $33.90, for a total transaction of $33,154.20. Following the transaction, the chief financial officer now owns 4,774 shares in the company, valued at approximately $161,838.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 40.80% of the company’s stock.

Shares of PDEX stock opened at $33.00 on Friday. Pro-Dex, Inc. has a 12-month low of $16.76 and a 12-month high of $42.60. The company has a quick ratio of 2.81, a current ratio of 4.10 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average of $30.73. The stock has a market capitalization of $120.38 million, a PE ratio of 32.01 and a beta of 1.21.

Pro-Dex (NASDAQ:PDEX) last issued its quarterly earnings results on Friday, May 7th. The medical instruments supplier reported $0.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.28. The business had revenue of $11.74 million for the quarter. Pro-Dex had a net margin of 15.47% and a return on equity of 30.20%.

About Pro-Dex

Pro-Dex, Inc designs, develops, and manufactures powered surgical instruments for medical device original equipment manufacturers worldwide. The company offers autoclavable, battery-powered and electric, and multi-function surgical drivers and shavers that are primarily used in the orthopedic, thoracic, and maxocranial facial markets.

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Institutional Ownership by Quarter for Pro-Dex (NASDAQ:PDEX)

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