Mary A. Tidlund Sells 2,000 Shares of CompX International Inc. (NYSE:CIX) Stock

CompX International Inc. (NYSE:CIX) Director Mary A. Tidlund sold 2,000 shares of CompX International stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $28.58, for a total transaction of $57,160.00. Following the sale, the director now owns 6,650 shares of the company’s stock, valued at approximately $190,057. This represents a 23.12 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CompX International Price Performance

Shares of CompX International stock opened at $30.18 on Friday. The stock has a market capitalization of $371.82 million, a price-to-earnings ratio of 19.08 and a beta of 0.76. The business has a 50-day moving average of $29.14 and a 200 day moving average of $26.85. CompX International Inc. has a 12 month low of $20.06 and a 12 month high of $39.91.

CompX International Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 29th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend is Friday, November 29th. CompX International’s payout ratio is currently 78.95%.

Hedge Funds Weigh In On CompX International

A hedge fund recently raised its stake in CompX International stock. Nisa Investment Advisors LLC lifted its stake in CompX International Inc. (NYSE:CIX) by 118.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,310 shares of the company’s stock after purchasing an additional 710 shares during the period. Nisa Investment Advisors LLC’s holdings in CompX International were worth $38,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 7.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of CompX International from a “strong-buy” rating to a “buy” rating in a report on Friday, November 8th.

About CompX International

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.