Ophir Asset Management Buys $49M Worth of Standex Stock Amid 60% Surge

Standex International Corporation (SXI) has seen its stock surge by approximately 60% over the past year. Ophir Asset Management Pty Ltd acquired a significant stake in SXI, purchasing shares valued at around $49 million during Q1 2026.

By Jonathan Ponciano, The Motley Fool Tue, May 19, 2026 at 9:51 PM GMT+3 4 min read · Yahoo Finance · May 19, 2026, 18:51 UTC

Ophir Asset Management Buys $49M Worth of Standex Stock Amid 60% Surge

Tickers: $SXI

Topics: Portfolio Changes SEC Filings Stock Purchase

Read the full article at Yahoo Finance

More World news

Donald Trump Jr. Steps Down from Kalshi Advisory Role Due to Conflict of Interest CNBC · November 12, 2026, 19:14 UTC
Centalion Americas Refinances and Upsizes Credit Facility to $3.5 Billion PR Newswire · November 12, 2026, 19:15 UTC
Nvidia Faces Leadership Transition as Jensen Huang Resigns Amid Investigation Seeking Alpha · November 12, 2026, 18:30 UTC
SOLV Energy Reports Record Q3 2026 Results and Raises Full-Year Guidance Motley Fool · November 12, 2026, 19:09 UTC
Clear Secure Reports Strong Q3 Earnings and Raises Full Year Guidance Amid Expansion into Identity Verification CNBC · November 12, 2026, 19:09 UTC
Nectar Launches AI Agent to Automate Influencer Discovery and Outreach TechCrunch · November 12, 2026, 19:11 UTC
Cohen & Company Appoints Daniel Cohen as CEO with $500 Million Revenue Target Seeking Alpha · November 12, 2026, 19:10 UTC
X-Energy Receives Early NRC Construction Permit and Anticipates Dow Investment Decision by 2027 Seeking Alpha · November 12, 2026, 19:10 UTC
Alvotech Shares Decline Following Third Quarter Earnings Miss Seeking Alpha · November 12, 2026, 19:05 UTC
Saga Communications Projects $5.7 Million in 2026 Political Revenue Amid Q4 Growth Seeking Alpha · November 12, 2026, 19:00 UTC