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

Kewaunee Scientific Co. (NASDAQ:KEQU) VP Elizabeth D. Phillips sold 3,277 shares of the business’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $32.50, for a total transaction of $106,502.50. Following the completion of the transaction, the vice president now owns 10,263 shares in the company, valued at approximately $333,547.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kewaunee Scientific Price Performance

Shares of NASDAQ KEQU opened at $33.12 on Thursday. The firm’s 50-day moving average price is $29.64 and its 200-day moving average price is $23.85. Kewaunee Scientific Co. has a 1-year low of $14.56 and a 1-year high of $33.90. 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 current ratio of 2.28, a quick ratio of 1.76 and a debt-to-equity ratio of 0.61.

Analysts Set New Price Targets

Several equities analysts recently issued reports on KEQU shares. TheStreet lowered shares of Kewaunee Scientific from a “b-” rating to a “c” rating in a report on Thursday, March 7th. StockNews.com upgraded shares of Kewaunee Scientific from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 14th.

Hedge Funds Weigh In On Kewaunee Scientific

Several institutional investors have recently made changes to their positions in KEQU. BlackRock Inc. raised its holdings in shares of Kewaunee Scientific by 58.2% during the second quarter. BlackRock Inc. now owns 13,102 shares of the technology company’s stock valued at $198,000 after purchasing an additional 4,822 shares during the period. Vanguard Group Inc. raised its holdings in shares of Kewaunee Scientific by 1.3% during the first quarter. Vanguard Group Inc. now owns 126,581 shares of the technology company’s stock valued at $1,836,000 after purchasing an additional 1,683 shares during the period. Minerva Advisors LLC raised its holdings in shares of Kewaunee Scientific by 0.9% during the third quarter. Minerva Advisors LLC now owns 174,432 shares of the technology company’s stock valued at $2,843,000 after purchasing an additional 1,513 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Kewaunee Scientific by 0.4% during the third quarter. Dimensional Fund Advisors LP now owns 185,989 shares of the technology company’s stock valued at $3,273,000 after purchasing an additional 742 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Kewaunee Scientific by 0.7% during the second quarter. Renaissance Technologies LLC now owns 98,111 shares of the technology company’s stock worth $1,631,000 after acquiring an additional 700 shares in the last quarter. 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.