Gencor Industries (NASDAQ:GENC) Major Shareholder Sherry Houtkin Sells 5,143 Shares

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Gencor Industries (NASDAQ:GENC) major shareholder Sherry Houtkin sold 5,143 shares of the company’s stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $17.17, for a total value of $88,305.31. The sale was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 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 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 value 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 value of $19,273.98.
  • On Tuesday, March 13th, Sherry Houtkin sold 1,480 shares of Gencor Industries stock. The shares were sold at an average price of $17.00, for a total value of $25,160.00.

Gencor Industries stock traded up $0.05 during trading hours on Friday, hitting $15.85. The stock had a trading volume of 19,146 shares, compared to its average volume of 19,898. The company has a market capitalization of $225.72, a PE ratio of 24.38 and a beta of 0.70. Gencor Industries has a one year low of $15.00 and a one year high of $18.45.

Gencor Industries (NASDAQ:GENC) last posted its earnings results on Friday, February 2nd. The industrial products company reported $0.16 EPS for the quarter. The firm had revenue of $23.12 million during the quarter. Gencor Industries had a return on equity of 7.30% and a net margin of 10.65%.

Institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its position in Gencor Industries by 240.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,504 shares of the industrial products company’s stock valued at $124,000 after purchasing an additional 5,303 shares during the last quarter. Wells Fargo & Company MN raised 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 during the last quarter. Yorktown Management & Research Co Inc bought a new position in Gencor Industries in the third quarter valued at about $296,000. Stone Ridge Asset Management LLC bought a new position in Gencor Industries in the fourth quarter valued at about $366,000. Finally, Algert Global LLC bought a new position in Gencor Industries in the third quarter valued at about $477,000. Hedge funds and other institutional investors 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.

Insider Buying and Selling by Quarter for Gencor Industries (NASDAQ:GENC)

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