CompX International Inc. (CIX) Insider Sells Over 350,000 Shares

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CompX International Inc. (NYSE:CIX), saw an insider alter their holdings substantially today, through a transaction that saw her lower her exposure to the company. Large Shareholder Annette C. Simmons sold 370,050 shares of stock at an average price of $10.47 per share, and now holds a total of 764,100 shares indirectly in the company.
CompX International Inc. (NYSE:CIX) is a $131.98 million market cap manufacturer of security products used in the recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare and a variety of other industries. Moreover, the Company is also a manufacturer of stainless steel exhaust systems, gauges, and throttle controls for the marine industry.
In addition, among the outside investors is billionaire Chuck Royce. His hedge fund, Royce & Associates, reported no change in its holdings over the course of the last fiscal quarter, maintaining its holdings of 318,600 shares worth about $3.3 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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