CEO David A Bowers, CompX International Inc. Insider Buys $18,400 of Shares on March 19, 2014.
David A Bowers, President & CEO of CompX International Inc. purchased 1,712 shares of CompX International Inc. (Stock Symbol: CIX) at $10.73 per share for a total amount of $18.4 thousand on 03 19, 2014.
Compx International Inc is based in Dallas, TX.
On 03/05/2014, CompX International Inc. announced its latest quarterly results with sales of $22.3 million for the fourth quarter of 2013 compared to $19.3 million in the same period of 2012. Operating income was $2.0 million in the fourth quarter of 2013 compared to nil in the same period in 2012. Income from continuing operations after tax was $1.3 million, or $0.11 per diluted share, for the fourth quarter of 2013 compared to $600,000, or $0.05 per diluted share, in the same period of 2012.
According to Capital IQ, CompX International Inc. has a market cap of $118.14 million, an enterprise value of $79.39 million, and trailing 12 month revenues of $92.04 million.
CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America. The company operates through two segments, Security Products and Marine Components. The Security Products segment manufactures cabinet locks and other locking mechanisms, such as disc tumbler locks, pin tumbler locking mechanisms, and electronic locks used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and gaming machines, high security medical cabinetry, electrical circuit panels, storage compartments, and gas station security. The Marine Components segment manufactures and distributes stainless steel exhaust components, gauges, throttle controls, hardware, and accessories, which comprise original equipment and aftermarket stainless steel exhaust headers, exhaust pipes, mufflers, and other exhaust components; gauges, such as GPS speedometers and tachometers; mechanical and electronic controls and throttles; steering wheels and other billet aluminum accessories; and dash panels, LED lighting, wire harnesses, and other accessories primarily for performance and ski/wakeboard boats. CompX International Inc. offers its products through original equipment manufacturers and distributors to recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, and various other industries. The company was founded in 1993 and is based in Dallas, Texas. CompX International Inc. is a subsidiary of NL Industries, Inc.
David Bower’s most recent annual compensation from CompX International Inc. is a salary of $1,173,850, $30,571 in other compensation, and a total compensation of $1,204,420. Mr. Bower’s is 75 years old.
According to his biography, Mr. David A. Bowers is Vice Chairman of the Board, President, Chief Executive Officer of CompX International Inc. He has served as Company’s president and chief executive officer since 2002, Company’s vice chairman of the board since 2000 and on Company’s board of directors since 1993. Mr. Bowers has been employed by the Company or Company’s predecessors since 1960 in various sales, marketing and executive positions, having been named president of Company’s security products and related businesses in 1979. Mr. Bowers is trustee emeritus and former chairman of the board of Monmouth College, Monmouth, Illinois.
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