Pro-DexPDEX
Market Cap: $91.3M
About: Pro-Dex Inc is engaged in designing, developing, and manufacturing powered rotary drive surgical and dental instruments used primarily in the orthopedic, spine, maxocranial facial and dental markets. The company also designs and manufactures multi-axis motion control systems used in factory automation and scientific research markets. In addition, the company provides engineering consulting and placement services, as well as quality and regulatory consulting services. Most of the company's revenue is derived from designing, developing, and manufacturing surgical devices for the medical device and dental industries.
Employees: 146
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more capital invested
Capital invested by funds: $9.84M [Q1] → $10.4M (+$573K) [Q2]
4% more funds holding
Funds holding: 24 [Q1] → 25 (+1) [Q2]
0.44% less ownership
Funds ownership: 15.95% [Q1] → 15.5% (-0.44%) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Ascendiant Capital Edward Woo 38% 1-year accuracy 18 / 48 met price target | 12%upside $30 | Buy Maintained | 9 Sept 2024 |