Jeanne M. Lyons Sells 1,000 Shares of Gencor Industries Inc. (GENC) Stock
Gencor Industries Inc. (NASDAQ:GENC) insider Jeanne M. Lyons sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $15.55, for a total value of $15,550.00. Following the completion of the transaction, the insider now directly owns 2,000 shares of the company’s stock, valued at $31,100. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Gencor Industries Inc. (NASDAQ:GENC) traded up 0.97% during trading on Thursday, reaching $15.65. The company had a trading volume of 21,445 shares. The firm has a 50-day moving average price of $15.85 and a 200-day moving average price of $15.64. Gencor Industries Inc. has a 52-week low of $10.79 and a 52-week high of $17.20. The company has a market capitalization of $225.38 million, a P/E ratio of 25.66 and a beta of 0.61.
WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/09/07/jeanne-m-lyons-sells-1000-shares-of-gencor-industries-inc-genc-stock.html.
A number of hedge funds and other institutional investors have recently modified their holdings of GENC. Municipal Employees Retirement System of Michigan acquired a new stake in Gencor Industries during the 2nd quarter valued at approximately $336,000. Essex Investment Management Co. LLC grew its stake in Gencor Industries by 37.2% during the 2nd quarter. Essex Investment Management Co. LLC now owns 99,596 shares of the industrial products company’s stock valued at $1,613,000 after purchasing an additional 26,993 shares in the last quarter. Shufro Rose & Co. LLC acquired a new stake in Gencor Industries during the 2nd quarter valued at approximately $413,000. Bank of New York Mellon Corp grew its stake in Gencor Industries by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 64,310 shares of the industrial products company’s stock valued at $1,042,000 after purchasing an additional 983 shares in the last quarter. Finally, Teton Advisors Inc. grew its stake in Gencor Industries by 0.9% during the 2nd quarter. Teton Advisors Inc. now owns 559,354 shares of the industrial products company’s stock valued at $9,062,000 after purchasing an additional 4,854 shares in the last quarter. Hedge funds and other institutional investors own 39.35% of the company’s stock.
About Gencor Industries
Gencor Industries, Inc is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials.
Receive News & Ratings for Gencor Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gencor Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.