New insider activity at DXP Enterprises ( (DXPE) ) has taken place on March 21, 2025.
Paz Maestas, the Chief Marketing Officer and Chief Technology Officer of DXP Enterprises, has recently sold 4,328 shares of the company’s stock, amounting to a total transaction value of $385,365.
Recent Updates on DXPE stock
DXP Enterprises recently experienced significant developments, with Stephens raising its price target for the company following strong Q4 results that exceeded expectations. The company’s acquisition strategy, which included seven acquisitions in 2024 and plans for more by mid-2025, has been a key driver of growth. DXP reported a 7.4% increase in sales, reaching $1.8 billion, with notable performance in its Innovative Pumping Solutions segment. Despite challenges in Supply Chain Services and increased operating expenses, DXP maintained robust margins and cash flow. The company successfully refinanced its debt, reducing borrowing costs, and repurchased shares, reflecting strong financial management. Looking forward, DXP aims to sustain growth through strategic acquisitions and market diversification, particularly in the water and wastewater sectors, while managing risks associated with project complexity and external factors.
More about DXP Enterprises
YTD Price Performance: 5.43%
Average Trading Volume: 247,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.34B