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Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 2,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $10.16, for a total value of $22,352.00. Following the sale, the insider now directly owns 1,717,185 shares in the company, valued at approximately $17,446,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Gencor Industries, Inc. (NASDAQ:GENC) traded up 0.39% during mid-day trading on Thursday, hitting $10.19. 2,615 shares of the company’s stock traded hands. Gencor Industries, Inc. has a one year low of $7.75 and a one 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 $97.0 million and a price-to-earnings ratio of 15.47.

Gencor Industries, Inc. (DE) (NASDAQ:GENC) last announced its earnings results on Tuesday, August 5th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.03. On average, analysts predict that Gencor Industries, Inc. will post $0.47 earnings per share 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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