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

Kewaunee Scientific Co. (NASDAQ:KEQU) VP Douglas J. Batdorff sold 3,470 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $65.50, for a total transaction of $227,285.00. Following the completion of the transaction, the vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $327,500. This trade represents a 40.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Kewaunee Scientific Trading Down 1.1 %

Shares of Kewaunee Scientific stock opened at $62.00 on Friday. Kewaunee Scientific Co. has a 12-month low of $27.00 and a 12-month high of $67.20. The company has a quick ratio of 2.00, a current ratio of 2.53 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average is $45.63 and its 200-day moving average is $44.05. The stock has a market cap of $178.06 million, a P/E ratio of 9.83 and a beta of 0.80.

Institutional Trading of Kewaunee Scientific

A number of large investors have recently added to or reduced their stakes in KEQU. De Lisle Partners LLP raised its holdings in shares of Kewaunee Scientific by 36.6% in the 3rd quarter. De Lisle Partners LLP now owns 42,958 shares of the technology company’s stock valued at $1,446,000 after purchasing an additional 11,511 shares during the period. Renaissance Technologies LLC lifted its position in shares of Kewaunee Scientific by 13.4% in the second quarter. Renaissance Technologies LLC now owns 89,611 shares of the technology company’s stock valued at $4,230,000 after buying an additional 10,580 shares during the last quarter. Ritholtz Wealth Management bought a new position in shares of Kewaunee Scientific during the 2nd quarter worth approximately $413,000. State Street Corp bought a new stake in Kewaunee Scientific in the 3rd quarter valued at $266,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Kewaunee Scientific by 3.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 177,548 shares of the technology company’s stock valued at $8,378,000 after purchasing an additional 6,132 shares during the last quarter. Institutional investors and hedge funds own 32.69% of the company’s stock.

Wall Street Analyst Weigh In

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

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.