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Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin unloaded 1,208 shares of the stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $10.20, for a total value of $12,321.60. Following the sale, the insider now directly owns 1,717,185 shares in the company, valued at approximately $17,515,287. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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 price-to-earnings ratio of 15.50.

Gencor Industries, Inc. (DE) (NASDAQ:GENC) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ 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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