News coverage about Systemax (NYSE:SYX) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Systemax earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.6556416030397 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Separately, Sidoti reissued a “buy” rating and issued a $31.00 price target (up previously from $25.00) on shares of Systemax in a report on Thursday, August 10th.

Systemax (NYSE SYX) opened at $28.71 on Friday. Systemax has a twelve month low of $7.05 and a twelve month high of $32.33. The company has a market cap of $1,069.52, a price-to-earnings ratio of 27.74 and a beta of 0.16.

The firm also recently announced a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 13th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.39%. The ex-dividend date was Friday, November 10th. Systemax’s dividend payout ratio is currently 400.04%.

In other Systemax news, CEO Lawrence P. Reinhold sold 80,203 shares of the stock in a transaction on Friday, September 29th. The shares were sold at an average price of $26.79, for a total transaction of $2,148,638.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 69.50% of the company’s stock.

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About Systemax

Systemax Inc is a direct marketer of brand name and private label products. The Company’s segments are Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). The IPG segment sells an array of maintenance, repair and operational (MRO) products, which are marketed in North America.

Insider Buying and Selling by Quarter for Systemax (NYSE:SYX)

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