Gencor Industries, Inc. (DE) major shareholder Sells $50,737 in Stock (GENC)
Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 4,984 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $10.18, for a total value of $50,737.12. Following the completion of the sale, the insider now directly owns 1,717,185 shares in the company, valued at approximately $17,480,943. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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.
Shares of Gencor Industries, Inc. (NASDAQ:GENC) traded down 0.20% during mid-day trading on Wednesday, hitting $10.15. 8,403 shares of the company’s stock traded hands. Gencor Industries, Inc. has a 1-year low of $7.75 and a 1-year high of $11.62. The stock’s 50-day moving average is $10.65 and its 200-day moving average is $10.54. The company has a market cap of $96.6 million and a price-to-earnings ratio of 15.50.
Gencor Industries, Inc. (DE) (NASDAQ:GENC) last released its earnings data on Tuesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. Analysts expect that Gencor Industries, Inc. will post $0.47 EPS for the current fiscal year.
Gencor Industries, Inc (NASDAQ:GENC) with its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels, and environmental control equipment.
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