Gencor Industries (NASDAQ:GENC) major shareholder Sherry Houtkin sold 1,480 shares of the stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $17.00, for a total transaction of $25,160.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Sherry Houtkin also recently made the following trade(s):
- On Friday, March 16th, Sherry Houtkin sold 470 shares of Gencor Industries stock. The stock was sold at an average price of $16.50, for a total transaction of $7,755.00.
- On Monday, March 19th, Sherry Houtkin sold 1,166 shares of Gencor Industries stock. The stock was sold at an average price of $16.53, for a total transaction of $19,273.98.
- On Thursday, March 8th, Sherry Houtkin sold 5,143 shares of Gencor Industries stock. The stock was sold at an average price of $17.17, for a total transaction of $88,305.31.
Shares of NASDAQ:GENC traded up $0.05 during midday trading on Friday, reaching $15.85. 19,146 shares of the company were exchanged, compared to its average volume of 19,523. Gencor Industries has a fifty-two week low of $15.00 and a fifty-two week high of $18.45. The firm has a market cap of $229.33, a price-to-earnings ratio of 24.77 and a beta of 0.70.
Gencor Industries (NASDAQ:GENC) last issued its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.16 EPS for the quarter. Gencor Industries had a net margin of 10.65% and a return on equity of 7.30%. The business had revenue of $23.12 million for the quarter.
Large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its holdings in shares of Gencor Industries by 240.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,504 shares of the industrial products company’s stock worth $124,000 after acquiring an additional 5,303 shares during the period. Wells Fargo & Company MN grew its position in Gencor Industries by 29.2% in the third quarter. Wells Fargo & Company MN now owns 15,921 shares of the industrial products company’s stock valued at $280,000 after purchasing an additional 3,596 shares in the last quarter. Yorktown Management & Research Co Inc bought a new position in Gencor Industries in the third quarter valued at $296,000. Stone Ridge Asset Management LLC bought a new position in Gencor Industries in the fourth quarter valued at $366,000. Finally, Algert Global LLC bought a new position in Gencor Industries in the third quarter valued at $477,000. Institutional investors and hedge funds own 43.56% of the company’s stock.
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Gencor Industries Company Profile
Gencor Industries, Inc, together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt plants to produce asphalt paving materials; related asphalt plant equipment, including hot mix storage silos, fabric filtration systems, cold feed bins, and other plant components; and a range of mobile batch plants.
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