Insider Buying: Luxfer Holdings PLC (NYSE:LXFR) Director Acquires 3,000 Shares of Stock

Luxfer Holdings PLC (NYSE:LXFR) Director Richard J. Hipple bought 3,000 shares of Luxfer stock in a transaction on Wednesday, August 14th. The stock was acquired at an average cost of $16.25 per share, with a total value of $48,750.00. Following the acquisition, the director now owns 3,000 shares in the company, valued at approximately $48,750. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of LXFR stock traded up $0.09 on Thursday, reaching $16.16. The stock had a trading volume of 14,513 shares, compared to its average volume of 259,195. The firm has a market cap of $437.58 million, a PE ratio of 9.41 and a beta of 1.01. Luxfer Holdings PLC has a 1 year low of $15.52 and a 1 year high of $28.06. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.15 and a current ratio of 2.35. The stock’s 50 day simple moving average is $21.23.

The company also recently declared a dividend, which was paid on Wednesday, August 7th. Stockholders of record on Friday, July 19th were paid a $0.125 dividend. The ex-dividend date was Thursday, July 18th.



A number of analysts have commented on LXFR shares. Zacks Investment Research raised Luxfer from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. ValuEngine lowered Luxfer from a “sell” rating to a “strong sell” rating in a report on Saturday, August 10th.

Hedge funds have recently added to or reduced their stakes in the company. FMR LLC raised its holdings in Luxfer by 45.3% during the first quarter. FMR LLC now owns 4,158,376 shares of the industrial products company’s stock valued at $103,876,000 after acquiring an additional 1,295,722 shares during the period. BlackRock Inc. bought a new stake in Luxfer during the second quarter valued at about $32,943,000. William Blair Investment Management LLC raised its holdings in Luxfer by 34.4% during the first quarter. William Blair Investment Management LLC now owns 1,226,992 shares of the industrial products company’s stock valued at $30,650,000 after acquiring an additional 313,993 shares during the period. Russell Investments Group Ltd. raised its holdings in Luxfer by 36.8% during the second quarter. Russell Investments Group Ltd. now owns 615,039 shares of the industrial products company’s stock valued at $15,056,000 after acquiring an additional 165,327 shares during the period. Finally, Ancora Advisors LLC raised its holdings in Luxfer by 14.3% during the second quarter. Ancora Advisors LLC now owns 384,240 shares of the industrial products company’s stock valued at $9,422,000 after acquiring an additional 47,982 shares during the period. Hedge funds and other institutional investors own 98.62% of the company’s stock.

Luxfer Company Profile

Luxfer Holdings Plc is a technology company, which designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for healthcare, environmental, protection, and specialty end-markets. It operates through the Gas Cylinder and Elektron segments. The Gas Cylinders segment manufactures and markets high-pressure aluminum and composite cylinders, systems, and accessories under the Luxfer Gas Cylinders and Superform brands.

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Insider Buying and Selling by Quarter for Luxfer (NYSE:LXFR)

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