What Did This CEO Just Do with Personal Shares of DXP Enterprises (NASDAQ: DXPE)?

By Carrie Williams

Today, the Chairman & CEO of DXP Enterprises (NASDAQ: DXPE), David Little, sold shares of DXPE for $398.3K.

This is Little’s first Sell trade following 3 Buy transactions. In addition to David Little, one other DXPE executive reported Sell trades in the last month.

Based on DXP Enterprises’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $252 million and quarterly net profit of $2.97 million. In comparison, last year the company earned revenue of $230 million and had a net profit of $263K. The company has a one-year high of $42 and a one-year low of $24.86. DXPE’s market cap is $520.1M and the company has a P/E ratio of 30.52.

The insider sentiment on DXP Enterprises has been neutral according to 30 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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DXP Enterprises, Inc. engages in the business of distributing maintenance, repair and operating products, equipment and service to industrial customers. It operates through the following segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions.