Anixter International Inc. (NYSE:AXE) VP William Standish sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $74.70, for a total transaction of $74,700.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Monday, July 17th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $77.55, for a total transaction of $77,550.00.
  • On Thursday, June 15th, William Standish sold 1,000 shares of Anixter International stock. The stock was sold at an average price of $76.20, for a total transaction of $76,200.00.

Anixter International Inc. (NYSE AXE) traded down 1.67% on Tuesday, reaching $73.55. 93,545 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $78.03 and its 200 day moving average price is $79.31. The company has a market cap of $2.44 billion, a PE ratio of 16.80 and a beta of 1.98. Anixter International Inc. has a 12 month low of $58.55 and a 12 month high of $88.00.

Anixter International (NYSE:AXE) last posted its quarterly earnings results on Tuesday, July 25th. The technology company reported $1.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.36. The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $2.01 billion. Anixter International had a return on equity of 13.09% and a net margin of 1.91%. Anixter International’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.32 EPS. On average, equities analysts expect that Anixter International Inc. will post $5.35 EPS for the current fiscal year.

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Several research analysts have weighed in on AXE shares. Zacks Investment Research downgraded shares of Anixter International from a “hold” rating to a “sell” rating in a report on Friday, July 14th. Wells Fargo & Company restated a “market perform” rating and set a $82.00 price objective (down previously from $89.00) on shares of Anixter International in a report on Wednesday, July 12th. Wolfe Research started coverage on shares of Anixter International in a report on Tuesday, July 11th. They set an “outperform” rating and a $88.00 price objective on the stock. Finally, BidaskClub downgraded shares of Anixter International from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Anixter International currently has a consensus rating of “Hold” and a consensus price target of $86.00.

Institutional investors have recently bought and sold shares of the company. Amalgamated Bank raised its position in Anixter International by 1.3% in the second quarter. Amalgamated Bank now owns 3,973 shares of the technology company’s stock valued at $311,000 after buying an additional 51 shares in the last quarter. OxFORD Asset Management LLP raised its position in Anixter International by 1.5% in the second quarter. OxFORD Asset Management LLP now owns 4,604 shares of the technology company’s stock valued at $360,000 after buying an additional 68 shares in the last quarter. US Bancorp DE raised its position in Anixter International by 1.6% in the second quarter. US Bancorp DE now owns 4,527 shares of the technology company’s stock valued at $354,000 after buying an additional 72 shares in the last quarter. State of Alaska Department of Revenue raised its position in Anixter International by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 3,160 shares of the technology company’s stock valued at $250,000 after buying an additional 80 shares in the last quarter. Finally, Airain ltd raised its position in Anixter International by 4.2% in the first quarter. Airain ltd now owns 3,634 shares of the technology company’s stock valued at $288,000 after buying an additional 146 shares in the last quarter. 86.64% of the stock is owned by hedge funds and other institutional investors.

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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