Pro Dex director Raymond Cabillot sells $155,202 in stock

Published 28/03/2025, 00:20
Pro Dex director Raymond Cabillot sells $155,202 in stock

Raymond (NSE:RYMD) E. Cabillot, a director of Pro Dex Inc. (NASDAQ:PDEX), along with Farnam Street Partners LP, reported the sale of 3,096 shares of common stock in a recent transaction. The sale comes as PDEX shares have surged nearly 187% over the past year, with the company’s stock currently trading near $50, significantly above its 52-week low of $16.84. This sale, conducted on March 26, 2025, was part of a pre-arranged trading plan under Rule 10b5-1, adopted on September 20, 2024. The shares were sold at a weighted average price of $50.13, with transaction prices ranging from $50.00 to $50.75. Following the sale, Cabillot retains indirect ownership of 279,787 shares through Farnam Street Partners. According to InvestingPro analysis, PDEX appears to be trading above its Fair Value, with technical indicators suggesting overbought conditions. InvestingPro subscribers have access to 14 additional investment tips and comprehensive valuation metrics for PDEX.

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