Insider Selling: Kewaunee Scientific Co. (NASDAQ:KEQU) VP Sells $109,725.00 in Stock

Kewaunee Scientific Co. (NASDAQ:KEQUGet Free Report) VP Douglas J. Batdorff sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $31.35, for a total transaction of $109,725.00. Following the completion of the transaction, the vice president now owns 6,167 shares in the company, valued at approximately $193,335.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kewaunee Scientific Stock Up 1.9 %

KEQU stock opened at $32.42 on Thursday. The company has a market capitalization of $93.37 million, a P/E ratio of 10.88 and a beta of 0.66. The firm has a 50 day simple moving average of $29.20 and a 200-day simple moving average of $23.33. The company has a current ratio of 2.28, a quick ratio of 1.76 and a debt-to-equity ratio of 0.61. Kewaunee Scientific Co. has a twelve month low of $14.56 and a twelve month high of $32.60.

Institutional Investors Weigh In On Kewaunee Scientific

A number of hedge funds have recently added to or reduced their stakes in KEQU. BlackRock Inc. raised its stake in shares of Kewaunee Scientific by 58.2% during the second quarter. BlackRock Inc. now owns 13,102 shares of the technology company’s stock valued at $198,000 after purchasing an additional 4,822 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Kewaunee Scientific by 0.7% during the second quarter. Renaissance Technologies LLC now owns 98,111 shares of the technology company’s stock valued at $1,631,000 after purchasing an additional 700 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Kewaunee Scientific by 1.3% during the first quarter. Vanguard Group Inc. now owns 126,581 shares of the technology company’s stock valued at $1,836,000 after purchasing an additional 1,683 shares in the last quarter. Minerva Advisors LLC raised its stake in shares of Kewaunee Scientific by 0.9% during the third quarter. Minerva Advisors LLC now owns 174,432 shares of the technology company’s stock valued at $2,843,000 after purchasing an additional 1,513 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Kewaunee Scientific by 0.4% in the third quarter. Dimensional Fund Advisors LP now owns 185,989 shares of the technology company’s stock worth $3,273,000 after acquiring an additional 742 shares in the last quarter. 32.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on KEQU. StockNews.com upgraded shares of Kewaunee Scientific from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 14th. TheStreet lowered shares of Kewaunee Scientific from a “b-” rating to a “c” rating in a research note on Thursday, March 7th.

Read Our Latest Stock Analysis on KEQU

Kewaunee Scientific Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Kewaunee Scientific (NASDAQ:KEQU)

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