Insider Selling: Pro-Dex Inc (PDEX) CFO Sells 2,114 Shares of Stock

Pro-Dex Inc (NASDAQ:PDEX) CFO Alisha Charlton sold 2,114 shares of the stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $15.81, for a total transaction of $33,422.34. Following the sale, the chief financial officer now owns 4,778 shares in the company, valued at $75,540.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Pro-Dex stock traded down $0.85 during trading hours on Wednesday, reaching $15.15. 47,700 shares of the stock were exchanged, compared to its average volume of 35,153. The company has a market capitalization of $62.93 million, a price-to-earnings ratio of 28.68 and a beta of 0.86. The company has a quick ratio of 6.08, a current ratio of 7.78 and a debt-to-equity ratio of 0.25. Pro-Dex Inc has a twelve month low of $6.05 and a twelve month high of $16.15.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Alambic Investment Management L.P. acquired a new stake in shares of Pro-Dex in the 4th quarter valued at approximately $837,000. EAM Investors LLC acquired a new stake in shares of Pro-Dex in the 3rd quarter valued at approximately $664,000. Vanguard Group Inc boosted its stake in shares of Pro-Dex by 50.8% in the 3rd quarter. Vanguard Group Inc now owns 49,399 shares of the medical instruments supplier’s stock valued at $514,000 after purchasing an additional 16,644 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Pro-Dex by 50.8% in the 3rd quarter. Vanguard Group Inc. now owns 49,399 shares of the medical instruments supplier’s stock valued at $514,000 after purchasing an additional 16,644 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Pro-Dex by 42.6% in the 4th quarter. Acadian Asset Management LLC now owns 41,313 shares of the medical instruments supplier’s stock valued at $499,000 after purchasing an additional 12,337 shares in the last quarter. Institutional investors own 7.81% of the company’s stock.

Separately, ValuEngine upgraded shares of Pro-Dex from a “hold” rating to a “buy” rating in a research note on Monday, February 4th.

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About Pro-Dex

Pro-Dex, Inc, together with its subsidiaries, designs, develops, and manufactures powered surgical instruments, dental instruments, and rotary air motors worldwide. It also manufactures plastic injection molds for various industries; and shavers and machined parts. In addition, it provides engineering, and quality and regulatory consulting services.

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Insider Buying and Selling by Quarter for Pro-Dex (NASDAQ:PDEX)

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