{
  "id": 18021196,
  "title": "Standex International director Thomas Chorman sells $12,500 in stock",
  "url": "https://urgent.news/2026/11/03/standex-international-director-thomas-chorman-sells-12-500-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T21:16:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/standex-international-director-thomas-chorman-sells-12500-in-stock-93CH-4996435"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Choice International posts record quarter, stock holds gain as NH Investment Funds land",
        "url": "https://urgent.news/2026/11/03/choice-international-posts-record-quarter-stock-holds-gain-as-nh",
        "published": "2026-11-03T07:53:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}