Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT) Director David R. Garcia sold 16,330 shares of Alpha Pro Tech stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $3.40, for a total transaction of $55,522.00. Following the completion of the transaction, the director now directly owns 15,000 shares in the company, valued at $51,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
APT stock opened at $3.20 on Friday. Alpha Pro Tech, Ltd. has a 52 week low of $2.70 and a 52 week high of $4.25.
Alpha Pro Tech (NYSEAMERICAN:APT) last posted its quarterly earnings results on Thursday, March 8th. The company reported $0.05 EPS for the quarter. The business had revenue of $9.94 million during the quarter. Alpha Pro Tech had a net margin of 9.15% and a return on equity of 13.63%.
Alpha Pro Tech announced that its board has approved a stock repurchase program on Friday, December 22nd that authorizes the company to buyback $2.00 million in shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its stock is undervalued.
An institutional investor recently raised its position in Alpha Pro Tech stock. Dimensional Fund Advisors LP raised its holdings in Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT) by 14.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 204,156 shares of the company’s stock after acquiring an additional 26,169 shares during the quarter. Dimensional Fund Advisors LP owned about 1.35% of Alpha Pro Tech worth $786,000 at the end of the most recent quarter.
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Alpha Pro Tech Company Profile
Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel, building supply products, and infection control products in the United States and internationally. The company operates through three segments: Building Supply, Disposable Protective Apparel, and Infection Control.
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