New insider activity at DXP Enterprises ( (DXPE) ) has taken place on March 27, 2025.
Director Timothy Halter has recently sold 5,000 shares of DXP Enterprises stock, amounting to a total transaction value of $448,750.
Recent Updates on DXPE stock
DXP Enterprises has experienced significant developments recently, with its Q4 earnings report revealing a 7.4% increase in sales to $1.8 billion and a net income rise to $70.5 million. The company has been actively pursuing growth through acquisitions, completing seven in 2024 and planning more by mid-2025. This strategic expansion, particularly in the water and wastewater sectors, has contributed to a positive outlook, with Stephens raising the price target to $95 following better-than-expected Q4 results. Despite facing challenges in Supply Chain Services and increased SG&A expenses, DXP maintained strong margins and cash flow, supported by effective capital management, including debt refinancing and share repurchases. The company’s focus on high-growth areas like Innovative Pumping Solutions, which saw a 47.7% revenue increase, underscores its strategic direction. Looking forward, DXP aims to sustain its growth trajectory through further acquisitions and market diversification, positioning itself well for continued success in fiscal 2025.
More about DXP Enterprises
YTD Price Performance: 4.75%
Average Trading Volume: 247,463
Technical Sentiment Signal: Sell
Current Market Cap: $1.39B