Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips Sells 3,277 Shares

Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips sold 3,277 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $32.50, for a total transaction of $106,502.50. Following the sale, the vice president now directly owns 10,263 shares of the company’s stock, valued at $333,547.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kewaunee Scientific Stock Performance

Shares of Kewaunee Scientific stock opened at $33.12 on Thursday. The firm has a market capitalization of $95.39 million, a P/E ratio of 11.11 and a beta of 0.66. The company has a quick ratio of 1.76, a current ratio of 2.28 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average price of $29.64 and a 200 day moving average price of $23.85. Kewaunee Scientific Co. has a 52 week low of $14.56 and a 52 week high of $33.90.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. StockNews.com raised shares of Kewaunee Scientific from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 14th. TheStreet lowered shares of Kewaunee Scientific from a “b-” rating to a “c” rating in a research report on Thursday, March 7th.

Hedge Funds Weigh In On Kewaunee Scientific

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in Kewaunee Scientific by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 185,989 shares of the technology company’s stock worth $3,273,000 after buying an additional 742 shares during the period. Minerva Advisors LLC increased its holdings in Kewaunee Scientific by 0.9% in the 3rd quarter. Minerva Advisors LLC now owns 174,432 shares of the technology company’s stock worth $2,843,000 after buying an additional 1,513 shares during the period. Vanguard Group Inc. increased its holdings in Kewaunee Scientific by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 126,581 shares of the technology company’s stock worth $1,836,000 after buying an additional 1,683 shares during the period. Renaissance Technologies LLC increased its holdings in Kewaunee Scientific by 0.7% in the 2nd quarter. Renaissance Technologies LLC now owns 98,111 shares of the technology company’s stock worth $1,631,000 after buying an additional 700 shares during the period. Finally, BlackRock Inc. increased its holdings in Kewaunee Scientific by 58.2% in the 2nd quarter. BlackRock Inc. now owns 13,102 shares of the technology company’s stock worth $198,000 after buying an additional 4,822 shares during the period. Institutional investors and hedge funds own 32.69% of the company’s stock.

About Kewaunee Scientific

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.