Gold prices slip lower; consolidating after recent gains
Dale E. Lehmann, a director at Optex Systems Holdings Inc (NASDAQ:OPXS), recently sold 30,000 shares of the company’s common stock. The sale comes as the company’s stock trades near its 52-week low, despite maintaining strong financial health according to InvestingPro metrics. The transaction, which took place on March 7, 2025, was executed at a price of $5.65 per share, amounting to a total sale value of $169,500. Following this sale, Lehmann holds 144,258 shares directly. The company maintains robust financials with a healthy current ratio of 5.63 and trades at an attractive P/E ratio of 9.07. This transaction was disclosed in a filing with the Securities and Exchange Commission. InvestingPro analysis suggests the stock is currently undervalued, with additional insights available through their comprehensive financial analysis platform.
In other recent news, Optex Systems Holdings Inc. held its 2025 annual meeting, where shareholders made significant decisions regarding the company’s leadership and accounting practices. Four board members were elected, including Danny R. Schoening, Dayton Judd, Dale E. Lehmann, and R. Rimmy Malhotra, who will serve until the next annual meeting. The election results were decisive, with each candidate receiving a substantial number of votes in favor. Additionally, shareholders ratified Whitley Penn LLP as the independent registered public accounting firm for the fiscal year ending September 28, 2025. This decision was supported by a strong majority of votes. Shareholders also approved the compensation of the company’s named executive officers through an advisory vote, which is a common practice to gauge shareholder sentiment on executive pay. These developments highlight the shareholders’ agreement with the current direction of the company’s board and management.
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