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 stock was sold at an average price of $29.60, for a total value of $44,400.00. Following the completion of the transaction, the director directly owned 8,775 shares of the company’s stock, valued at approximately $259,740. This trade represents a 14.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

CompX International Trading Down 1.2%

Shares of CIX opened at $31.20 on Friday. The business’s 50 day moving average is $27.02 and its 200 day moving average is $24.82. The company has a market capitalization of $384.48 million, a PE ratio of 20.53 and a beta of 0.91. CompX International Inc. has a 12-month low of $20.29 and a 12-month high of $32.04.

CompX International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, September 3rd. CompX International’s dividend payout ratio (DPR) is presently 67.04%.

Institutional Trading of CompX International

An institutional investor recently bought a new stake in CompX International stock. Russell Investments Group Ltd. acquired a new stake in shares of CompX International Inc. (NYSE:CIX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,386 shares of the company’s stock, valued at approximately $103,000. Institutional investors own 7.50% of the company’s stock.

About CompX International

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.