Pro-Dex (PDEX)

• Market cap: $159M
• 1 day: 5.16%
• 5 days: -0.77%
• 1 month: 2.33%
• 3 months: 82.48%
• 6 months: 159.39%
• Year to date: 176.93%
• 1 year: 181.25%
• 5 years: 197.20%
• 10 years: 2,009.96%
• Sector: Healthcare
• Industry: Surgical & Medical Instruments & Apparatus

About: Pro-Dex Inc is engaged in the design, development, and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers and shavers used in the orthopedic, thoracic, and craniomaxillofacial (CMF) markets. The company also designs and manufactures multi-axis motion control systems used in factory automation and scientific research markets. Majority of the company's revenue is derived from designing, developing, and manufacturing surgical devices for the medical device and dental industries.

Employees: 148

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

49% more capital invested

Capital invested by funds: $10.7M [Q2] → $16M (+$5.23M) [Q3]

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

0.07% less ownership

Funds ownership: 15.99% [Q2] → 15.92% (-0.07%) [Q3]

4% less funds holding

Funds holding: 25 [Q2] → 24 (-1) [Q3]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $52 7% upside
• Avg. target: $52 7% upside
• High target: $52 7% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Ascendiant Capital Edward Woo 38% 1-year accuracy 28 / 73 met price target

7% upside $52

Buy Maintained

11 Nov 2024