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Nicholas John Swenson, a director and significant shareholder of Pro Dex Inc. (NASDAQ:PDEX), recently sold a portion of his holdings in the company. According to a recent SEC filing, Swenson sold a total of 4,526 shares on April 2, 2025. The transactions were executed at prices ranging from $55.00 to $56.20 per share. The total value of these sales is approximately $250,000. The sale comes amid PDEX’s impressive 176% return over the past year, with the stock currently trading near its 52-week high of $59.60. InvestingPro analysis suggests the stock is currently overvalued based on its proprietary Fair Value model.
Following these transactions, Swenson, through AO Partners I, LP, holds 922,204 shares of Pro Dex common stock indirectly. Additionally, Swenson directly owns 96,613 shares. Pro Dex, based in Irvine, California, specializes in surgical and medical instruments and apparatus. The company maintains strong financial health with a current ratio of 2.58 and operates with moderate debt levels. InvestingPro subscribers can access 13 additional investment tips and comprehensive financial metrics for PDEX.
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