Jason Adelman Sells 5,000 Shares of Trio-Tech International (NYSE:TRT) Stock

Trio-Tech International (NYSE:TRT) Director Jason Adelman sold 5,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $5.61, for a total value of $28,050.00. Following the sale, the director owned 50,000 shares of the company’s stock, valued at $280,500. This trade represents a 9.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Trio-Tech International Stock Up 43.0%

Trio-Tech International stock traded up $6.03 during trading on Friday, hitting $20.05. 4,631,236 shares of the company were exchanged, compared to its average volume of 696,433. The business’s 50 day moving average is $8.39 and its 200 day moving average is $6.30. Trio-Tech International has a 52 week low of $2.31 and a 52 week high of $21.38. The company has a market capitalization of $179.71 million, a P/E ratio of 143.21 and a beta of 1.98. The company has a current ratio of 4.54, a quick ratio of 4.25 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TRT. Geode Capital Management LLC grew its stake in Trio-Tech International by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 28,261 shares of the company’s stock valued at $374,000 after purchasing an additional 3,164 shares during the period. Essex Investment Management Co. LLC bought a new position in Trio-Tech International in the 4th quarter valued at $208,000. James Investment Research Inc. grew its stake in Trio-Tech International by 100.0% in the 1st quarter. James Investment Research Inc. now owns 24,016 shares of the company’s stock valued at $139,000 after purchasing an additional 12,008 shares during the period. Dimensional Fund Advisors LP grew its stake in Trio-Tech International by 98.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 243,724 shares of the company’s stock valued at $1,409,000 after purchasing an additional 120,888 shares during the period. Finally, Compound Planning Inc. grew its stake in Trio-Tech International by 85.8% in the 1st quarter. Compound Planning Inc. now owns 621,500 shares of the company’s stock valued at $3,592,000 after purchasing an additional 287,000 shares during the period. Institutional investors own 16.03% of the company’s stock.

About Trio-Tech International

Trio-Tech International, Inc, headquartered in Hackensack, New Jersey, is a publicly traded provider of electronic manufacturing services (EMS) and LED‐based technology solutions. Founded in 1986, the company offers turnkey design, engineering, prototyping, assembly and supply chain management services to customers across a range of end markets, including industrial controls, telecommunications, medical equipment and instrumentation.

Within its EMS segment, Trio-Tech delivers printed circuit board assembly (including surface‐mount, through‐hole and mixed-technology boards), box-build and system integration, cable harness design and manufacturing, conformal coating and testing.