Alpha Pro Tech (NYSE:APT) Director Sells 6,971 Shares of Company Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director Donna Millar sold 6,971 shares of Alpha Pro Tech stock in a transaction on Monday, September 28th. The shares were sold at an average price of $5.04, for a total transaction of $35,133.84. Following the completion of the transaction, the director owned 1,284,603 shares in the company, valued at approximately $6,474,399.12. This trade represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Alpha Pro Tech Stock Performance

APT traded down $0.10 during trading on Wednesday, hitting $5.12. The stock had a trading volume of 10,196 shares, compared to its average volume of 56,706. The firm has a market capitalization of $52.25 million, a P/E ratio of 13.84 and a beta of 0.91. Alpha Pro Tech, Ltd. has a twelve month low of $4.34 and a twelve month high of $7.50. The company’s 50-day moving average price is $5.20 and its 200 day moving average price is $5.18.

Institutional Investors Weigh In On Alpha Pro Tech

Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Alpha Pro Tech in the second quarter valued at about $1,566,000. Renaissance Technologies LLC increased its position in Alpha Pro Tech by 4.0% during the 1st quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock worth $2,416,000 after purchasing an additional 21,100 shares during the period. Finally, Needham Investment Management LLC increased its position in Alpha Pro Tech by 1.2% during the 4th quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock worth $2,853,000 after purchasing an additional 7,500 shares during the period. Institutional investors and hedge funds own 22.69% of the company’s stock.

About Alpha Pro Tech

Alpha Pro Tech, Ltd. develops, manufactures and markets disposable protective products and building-supply materials for commercial, industrial, medical and consumer applications. The company serves customers through a combination of in-house manufacturing and distribution operations.

Its Disposable Protective Apparel and Infection Control products include protective coveralls, gowns, face masks, shoe and boot covers, bouffant caps, beard covers and other single-use apparel. These products are used in healthcare, pharmaceutical, laboratory, cleanroom, food-processing and industrial environments.

Through its Building Supply segment, Alpha Pro Tech offers weatherization products such as housewrap, synthetic roofing underlayment, flashing materials and related construction accessories.