New insider activity at DXP Enterprises ( (DXPE) ) has taken place on March 28, 2025.
CFO Kent Nee Hung Yee recently sold 3,457 shares of DXP Enterprises stock, amounting to a total transaction value of $305,702.
Recent Updates on DXPE stock
DXP Enterprises has recently experienced significant developments, highlighted by a positive Q4 earnings report that exceeded expectations, prompting Stephens to raise its price target for the company. The firm’s strong fiscal year 2024 results were driven by a 7.4% increase in sales, reaching $1.8 billion, and strategic acquisitions that bolstered growth, particularly in the water and wastewater sectors. Despite challenges in Supply Chain Services and increased SG&A expenses, DXP maintained robust margins and cash flow. The company successfully refinanced its Term Loan B, reducing borrowing costs, and repurchased shares, reflecting effective capital management. Looking ahead, DXP remains optimistic about continued growth in 2025, supported by strategic acquisitions and market diversification efforts.
More about DXP Enterprises
YTD Price Performance: 1.57%
Average Trading Volume: 246,767
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.35B