Insider Selling: Sherry Houtkin Unloads 1,208 Shares of Gencor Industries, Inc. (DE) Stock (GENC)
Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 1,208 shares of Gencor Industries, Inc. (DE) stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $10.20, for a total transaction of $12,321.60. Following the completion of the transaction, the insider now directly owns 1,717,185 shares of the company’s stock, 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. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Gencor Industries, Inc. (NASDAQ:GENC) traded down 0.37% on Friday, hitting $10.15. 9,495 shares of the company’s stock traded hands. Gencor Industries, Inc. has a one year low of $7.80 and a one year high of $11.62. The stock’s 50-day moving average is $10.6 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 15.53.
Gencor Industries, Inc. (DE) (NASDAQ:GENC) last released its earnings data 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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