Insider Selling: CompX International (NYSE:CIX) Director Sells $44,400.00 in Stock

CompX International Inc. (NYSE:CIX) Director Ann Manix sold 1,500 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $29.60, for a total transaction of $44,400.00. Following the sale, the director owned 8,775 shares of the company’s stock, valued at approximately $259,740. The trade was a 14.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

CompX International Stock Up 1.4%

Shares of CIX traded up $0.45 during trading hours on Wednesday, hitting $31.93. The company had a trading volume of 2,060 shares, compared to its average volume of 4,175. The firm has a market cap of $393.47 million, a P/E ratio of 21.01 and a beta of 0.91. The stock’s 50 day moving average price is $26.59 and its 200 day moving average price is $24.67. CompX International Inc. has a 52-week low of $20.29 and a 52-week high of $32.04.

CompX International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, September 3rd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, September 3rd. CompX International’s payout ratio is 67.04%.

Institutional Trading of CompX International

A hedge fund recently bought a new position in CompX International stock. Russell Investments Group Ltd. bought a new position in CompX International Inc. (NYSE:CIX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,386 shares of the company’s stock, valued at approximately $103,000. 7.50% of the stock is currently owned by institutional investors.

CompX International Company Profile

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company’s Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.