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Stock impact report

Why Standex (SXI) Stock Is Trading Lower Today [Yahoo! Finance]

Standex International Corporation (SXI) 
Last standex international corporation earnings: 2/3 04:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.standex.com
Company Research Source: Yahoo! Finance
The filing revealed a plan to sell 11,000 common shares with a market value of about $2.37 million. This move came just a day after the stock reached a record high, likely prompting some investors to take profits. Such a sale by a company insider can be seen by the market as a signal of reduced confidence, sparking concerns among other shareholders. The disclosure also pointed to other recent sales, including transactions totaling 16,000 shares in the previous month. The news overshadowed a broader market rally that had helped push the stock to its peak, as investors focused on the implications of the insider's decision to sell. The shares closed the day at $206.26, down 3.9% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Standex? Access our full analysis report here, it's free What Is The Market Telling Us Standex's shares are not very volatile and have only had 8 Show less Read more
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