Gencor Industries, Inc. (DE) (NASDAQ:GENC) Major Shareholder Sherry Houtkin Sells 662 Shares

Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 662 shares of the stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $18.13, for a total value of $12,002.06. Following the completion of the transaction, the insider now directly owns 1,250,307 shares of the company’s stock, valued at $22,668,065.91. The sale was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Sherry Houtkin also recently made the following trade(s):

  • On Monday, October 16th, Sherry Houtkin sold 10,948 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $18.13, for a total value of $198,487.24.
  • On Tuesday, October 17th, Sherry Houtkin sold 12,306 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $18.14, for a total value of $223,230.84.
  • On Friday, October 13th, Sherry Houtkin sold 9,316 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $18.13, for a total value of $168,899.08.
  • On Wednesday, October 11th, Sherry Houtkin sold 12,588 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $18.11, for a total value of $227,968.68.
  • On Monday, October 9th, Sherry Houtkin sold 13,026 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $18.12, for a total value of $236,031.12.
  • On Wednesday, October 4th, Sherry Houtkin sold 16,370 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $18.04, for a total value of $295,314.80.
  • On Tuesday, October 3rd, Sherry Houtkin sold 25,000 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $17.86, for a total value of $446,500.00.
  • On Thursday, October 5th, Sherry Houtkin sold 45,802 shares of Gencor Industries, Inc. (DE) stock. The stock was sold at an average price of $17.93, for a total value of $821,229.86.
  • On Monday, October 2nd, Sherry Houtkin sold 35,558 shares of Gencor Industries, Inc. (DE) stock. The stock was sold at an average price of $17.78, for a total value of $632,221.24.
  • On Thursday, September 28th, Sherry Houtkin sold 35,000 shares of Gencor Industries, Inc. (DE) stock. The stock was sold at an average price of $17.66, for a total value of $618,100.00.

Gencor Industries, Inc. (NASDAQ:GENC) traded down 0.84% during mid-day trading on Friday, hitting $17.75. The stock had a trading volume of 15,458 shares. The company has a 50-day moving average price of $17.30 and a 200 day moving average price of $16.34. The company has a market cap of $255.62 million, a P/E ratio of 29.10 and a beta of 0.66. Gencor Industries, Inc. has a 1-year low of $11.50 and a 1-year high of $18.45.

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Large investors have recently modified their holdings of the business. Concert Wealth Management Inc. bought a new stake in Gencor Industries, Inc. (DE) during the 2nd quarter worth about $173,000. Institute for Wealth Management LLC. bought a new stake in Gencor Industries, Inc. (DE) during the 2nd quarter worth about $173,000. Greenwood Capital Associates LLC lifted its position in Gencor Industries, Inc. (DE) by 1.1% during the 2nd quarter. Greenwood Capital Associates LLC now owns 11,045 shares of the industrial products company’s stock worth $179,000 after buying an additional 117 shares in the last quarter. Janus Henderson Group PLC bought a new stake in Gencor Industries, Inc. (DE) during the 2nd quarter worth about $219,000. Finally, First Quadrant L P CA lifted its position in Gencor Industries, Inc. (DE) by 71.4% during the 3rd quarter. First Quadrant L P CA now owns 15,356 shares of the industrial products company’s stock worth $271,000 after buying an additional 6,395 shares in the last quarter. 39.45% of the stock is currently owned by hedge funds and other institutional investors.

Gencor Industries, Inc. (DE) Company Profile

Gencor Industries, Inc is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials.

Insider Buying and Selling by Quarter for Gencor Industries, Inc. (DE) (NASDAQ:GENC)

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