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Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin unloaded 344 shares of Gencor Industries, Inc. (DE) stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $10.20, for a total value of $3,508.80. Following the sale, the insider now directly owns 1,711,919 shares in the company, valued at approximately $17,461,574. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Gencor Industries, Inc. (NASDAQ:GENC) opened at 10.15 on Thursday. Gencor Industries, Inc. has a 52-week low of $7.75 and a 52-week high of $11.62. The stock has a 50-day moving average of $10.65 and a 200-day moving average of $10.54. The company has a market cap of $96.6 million and a P/E ratio of 15.50.

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 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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