Recent market activities suggest a repositioning of
IDEX Co.
Empowered Funds LLC and
Fidelis Capital Partners LLC have both taken positions, while numerous firms, including the
Vanguard Group Inc. and
Orion Portfolio Solutions LLC, have grown their positions. However,
Sei Investments Co. and
Envestnet Portfolio Solutions Inc. have both reduced their shareholdings. Despite a cut in price target to
$236.00 and underperforming on certain days, IDEX stayed strong, possibly due to its robust financial prospects. They are set to webcast Q2 2024 earnings call after their Q1 2024 showed positive outcomes despite sales dipping amid market challenges. Additionally,
Mitsubishi UFJ Asset Management Co. Ltd. acquired 15,650 shares while significant increases in short interest were noted. Continuous trades, including shares acquired by
Forsta AP Fonden, and sales by
Diversified Trust Co were also reported. The company completed numerous acquisitions including
STC Material Solutions and
Muon Group, indicating expansion and growth. In line with this, they announced new CFO,
Abhi Khandelwal.
Idex Corporation IEX News Analytics from Mon, 11 Dec 2017 08:00:00 GMT to Sun, 21 Jul 2024 23:00:38 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -4