Kewaunee Scientific Co. (NASDAQ:KEQU) VP Douglas J. Batdorff Sells 3,470 Shares

Kewaunee Scientific Co. (NASDAQ:KEQU - Get Free Report) VP Douglas J. Batdorff sold 3,470 shares of the business's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $65.50, for a total transaction of $227,285.00. Following the completion of the sale, the vice president now directly owns 5,000 shares in the company, valued at approximately $327,500. This represents a 40.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Kewaunee Scientific Trading Up 1.3 %

Shares of NASDAQ:KEQU traded up $0.80 during trading on Thursday, reaching $62.67. The stock had a trading volume of 28,809 shares, compared to its average volume of 18,181. Kewaunee Scientific Co. has a 52 week low of $27.00 and a 52 week high of $67.20. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.00 and a current ratio of 2.53. The firm's fifty day moving average is $45.05 and its 200 day moving average is $43.89. The stock has a market cap of $179.99 million, a price-to-earnings ratio of 9.93 and a beta of 0.80.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Kewaunee Scientific from a "hold" rating to a "buy" rating in a research report on Wednesday, December 18th.

Institutional Trading of Kewaunee Scientific

A number of institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in shares of Kewaunee Scientific by 3.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 177,548 shares of the technology company's stock worth $8,378,000 after buying an additional 6,132 shares during the period. Renaissance Technologies LLC boosted its stake in Kewaunee Scientific by 13.4% during the second quarter. Renaissance Technologies LLC now owns 89,611 shares of the technology company's stock worth $4,230,000 after acquiring an additional 10,580 shares in the last quarter. De Lisle Partners LLP grew its holdings in Kewaunee Scientific by 36.6% in the third quarter. De Lisle Partners LLP now owns 42,958 shares of the technology company's stock worth $1,446,000 after purchasing an additional 11,511 shares during the period. Geode Capital Management LLC increased its stake in Kewaunee Scientific by 8.9% in the third quarter. Geode Capital Management LLC now owns 23,784 shares of the technology company's stock valued at $792,000 after purchasing an additional 1,941 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in shares of Kewaunee Scientific by 24.6% during the third quarter. Ritholtz Wealth Management now owns 10,913 shares of the technology company's stock valued at $363,000 after purchasing an additional 2,156 shares during the period. Institutional investors own 32.69% of the company's stock.

Kewaunee Scientific Company Profile

Kewaunee Scientific Corporation designs, manufactures, and installs laboratory, healthcare, and technical furniture and infrastructure products. The company operates through two segments, Domestic and International. Its products include steel and wood casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin work surfaces and sinks.