Dxp enterprises chief accounting officer sells $52,845 in stock

HOUSTON—David Molero Santos, the Chief Accounting Officer of DXP Enterprises Inc. (NASDAQ:DXPE), recently sold 650 shares of the company’s common stock. The shares were sold at an average price of $81.30, amounting to a total transaction value of $52,845. Following this transaction, Santos holds 5,076 shares directly. This development was reported in a recent SEC Form 4 filing dated June 11, 2025.The $1.26 billion industrial distribution company has shown robust performance, with a 67% stock return over the past year. According to InvestingPro analysis, DXP maintains strong financial health with a current ratio of 2.7 and revenue growth of 12% in the last twelve months. The stock currently trades near its Fair Value, with several additional insights available through InvestingPro’s comprehensive research reports, which provide deep-dive analysis of 1,400+ top US stocks.

In other recent news, DXP Enterprises reported impressive first-quarter 2025 earnings, significantly surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $1.26, far exceeding the projected $0.96, alongside revenue of $476.6 million, which also outperformed the anticipated $447 million. This marks a 31.25% EPS surprise and a 15.5% year-over-year revenue increase, driven by substantial growth in the Innovative Pumping Solutions division. Additionally, DXP Enterprises completed the acquisition of Arroyo Process Equipment, enhancing its market diversification and operational capabilities. The company remains optimistic about further growth, with plans to pursue two to three more acquisitions before mid-year. Despite the positive earnings, DXP Enterprises’ stock experienced a decline in after-hours trading, which may reflect broader market conditions. Analysts from Stephens have not reported any significant slowdown in demand, despite uncertainties surrounding tariffs and macroeconomic conditions.

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