Standex International director Thomas Chorman sells $12,500 in stock

Thomas E. Chorman, a director at Standex International Corp., sold 50 shares of common stock valued at $12,500 on November 2, 2026. This sale, in accordance with an existing 10b5-1 trading plan, was made at a price of $250 per share. Standex International, a company with a market capitalization of $3.14 billion, currently trades at $259.13 with a P/E ratio of 27.53.

After this transaction, Mr. Chorman directly owns 12,833 shares of Standex International common stock. Notably, the company has maintained consistent dividend payments for 56 consecutive years, a notable achievement among ProTips available to subscribers. Standex International reported strong fiscal first-quarter results for 2026, surpassing analyst expectations.

The company reported adjusted earnings of $2.41 per share, exceeding the estimated $2.34, and revenue of $232.6 million, reflecting a 7% increase from the previous year. This growth was primarily driven by a 12.4% organic growth rate. Furthermore, Standex raised its full-year earnings outlook, indicating confidence in continued performance.

In response to these results, DA Davidson reiterated a Buy rating on Standex with a price target of $350.00, highlighting the company's strong organic growth and potential for sustained performance.