EVI Industries, Inc. (NYSEAMERICAN:EVI) EVP Thomas Marks Sells 442 Shares of Stock

EVI Industries, Inc. (NYSEAMERICAN:EVI) EVP Thomas Marks sold 442 shares of EVI Industries stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $25.02, for a total value of $11,058.84. Following the completion of the sale, the executive vice president now owns 103,340 shares of the company’s stock, valued at $2,585,566.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Thomas Marks also recently made the following trade(s):

• On Tuesday, November 14th, Thomas Marks sold 7,465 shares of EVI Industries stock. The stock was sold at an average price of $25.21, for a total transaction of $188,192.65.

EVI Industries Price Performance

Shares of EVI Industries stock opened at $24.17 on Tuesday. The company has a market capitalization of $305.99 million, a price-to-earnings ratio of 43.16 and a beta of 0.39. EVI Industries, Inc. has a 52 week low of $17.00 and a 52 week high of $28.65. The company has a quick ratio of 0.91, a current ratio of 1.72 and a debt-to-equity ratio of 0.25.

EVI Industries (NYSEAMERICAN:EVI) last posted its quarterly earnings results on Wednesday, October 4th. The industrial products company reported $0.13 earnings per share (EPS) for the quarter. EVI Industries had a net margin of 2.27% and a return on equity of 6.30%. The business had revenue of $94.04 million during the quarter.

Institutional Investors Weigh In On EVI Industries

Several hedge funds and other institutional investors have recently made changes to their positions in EVI. Natixis Advisors L.P. lifted its position in EVI Industries by 4.0% in the 3rd quarter. Natixis Advisors L.P. now owns 33,256 shares of the industrial products company’s stock valued at $825,000 after acquiring an additional 1,288 shares in the last quarter. Invesco Ltd. bought a new position in shares of EVI Industries in the third quarter valued at approximately $277,000. Broadcrest Asset Management LLC purchased a new position in shares of EVI Industries during the third quarter valued at approximately $8,389,000. Charles Schwab Investment Management Inc. grew its holdings in EVI Industries by 7.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 14,576 shares of the industrial products company’s stock worth $362,000 after buying an additional 971 shares in the last quarter. Finally, Carmel Capital Partners LLC purchased a new stake in EVI Industries in the 3rd quarter valued at $47,000. 36.40% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. TheStreet raised shares of EVI Industries from a “c” rating to a “b-” rating in a research note on Thursday, October 5th. StockNews.com assumed coverage on EVI Industries in a research note on Thursday, October 5th. They issued a “hold” rating for the company.

EVI Industries Company Profile

EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.