Anixter International Inc. (NYSE:AXE) VP William Standish sold 1,758 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $65.00, for a total transaction of $114,270.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

William Standish also recently made the following trade(s):

  • On Monday, October 16th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $86.20, for a total transaction of $86,200.00.
  • On Friday, September 15th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $76.95, for a total transaction of $76,950.00.

Shares of Anixter International Inc. (NYSE:AXE) traded up $0.60 during mid-day trading on Friday, reaching $66.00. 161,000 shares of the company’s stock traded hands, compared to its average volume of 148,685. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.07 and a quick ratio of 1.17. The firm has a market capitalization of $2,210.00, a P/E ratio of 13.04, a PEG ratio of 1.29 and a beta of 2.02. Anixter International Inc. has a 1 year low of $62.40 and a 1 year high of $88.60.

Anixter International (NYSE:AXE) last issued its quarterly earnings data on Tuesday, October 24th. The technology company reported $1.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.51 by ($0.21). The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.06 billion. Anixter International had a return on equity of 12.52% and a net margin of 1.86%. The company’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the business earned $1.38 earnings per share. research analysts forecast that Anixter International Inc. will post 5.13 earnings per share for the current fiscal year.

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A number of hedge funds have recently modified their holdings of the business. FMR LLC acquired a new stake in shares of Anixter International in the first quarter valued at approximately $1,610,000. Credit Suisse AG raised its position in shares of Anixter International by 24.5% in the first quarter. Credit Suisse AG now owns 51,120 shares of the technology company’s stock valued at $4,054,000 after buying an additional 10,045 shares in the last quarter. Bank of Montreal Can raised its position in shares of Anixter International by 594.2% in the second quarter. Bank of Montreal Can now owns 34,143 shares of the technology company’s stock valued at $2,669,000 after buying an additional 29,225 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of Anixter International by 78.4% in the second quarter. State of Alaska Department of Revenue now owns 5,637 shares of the technology company’s stock valued at $440,000 after buying an additional 2,477 shares in the last quarter. Finally, Aperio Group LLC raised its position in shares of Anixter International by 15.4% in the second quarter. Aperio Group LLC now owns 6,923 shares of the technology company’s stock valued at $541,000 after buying an additional 924 shares in the last quarter. Hedge funds and other institutional investors own 85.86% of the company’s stock.

Several equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Anixter International from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Robert W. Baird restated a “hold” rating and set a $86.00 price objective on shares of Anixter International in a research report on Friday, September 1st. Finally, BidaskClub downgraded shares of Anixter International from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. Anixter International has a consensus rating of “Hold” and an average target price of $86.00.

Anixter International Company Profile

Anixter International Inc is engaged in the distribution of enterprise cabling and security solutions, electrical and electronic wire and cable products and utility power solutions. The Company operates through three segments: Network & Security Solutions (NSS), Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS).

Insider Buying and Selling by Quarter for Anixter International (NYSE:AXE)

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