Gencor Industries Inc. (NASDAQ:GENC) major shareholder Sherry Houtkin sold 9,316 shares of the stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $18.13, for a total transaction of $168,899.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Sherry Houtkin also recently made the following trade(s):

  • On Wednesday, October 11th, Sherry Houtkin sold 12,588 shares of Gencor Industries stock. The shares were sold at an average price of $18.11, for a total transaction of $227,968.68.
  • On Monday, October 9th, Sherry Houtkin sold 13,026 shares of Gencor Industries stock. The shares were sold at an average price of $18.12, for a total transaction of $236,031.12.
  • On Wednesday, October 4th, Sherry Houtkin sold 16,370 shares of Gencor Industries stock. The shares were sold at an average price of $18.04, for a total transaction of $295,314.80.
  • On Tuesday, October 3rd, Sherry Houtkin sold 25,000 shares of Gencor Industries stock. The shares were sold at an average price of $17.86, for a total transaction of $446,500.00.
  • On Thursday, October 5th, Sherry Houtkin sold 45,802 shares of Gencor Industries stock. The shares were sold at an average price of $17.93, for a total transaction of $821,229.86.
  • On Monday, October 2nd, Sherry Houtkin sold 35,558 shares of Gencor Industries stock. The shares were sold at an average price of $17.78, for a total transaction of $632,221.24.
  • On Thursday, September 28th, Sherry Houtkin sold 35,000 shares of Gencor Industries stock. The shares were sold at an average price of $17.66, for a total transaction of $618,100.00.
  • On Monday, September 25th, Sherry Houtkin sold 10,000 shares of Gencor Industries stock. The shares were sold at an average price of $17.28, for a total transaction of $172,800.00.
  • On Tuesday, September 26th, Sherry Houtkin sold 19,756 shares of Gencor Industries stock. The shares were sold at an average price of $17.36, for a total transaction of $342,964.16.
  • On Wednesday, September 20th, Sherry Houtkin sold 9,721 shares of Gencor Industries stock. The shares were sold at an average price of $17.01, for a total transaction of $165,354.21.

Shares of Gencor Industries Inc. (GENC) traded up 0.28% during mid-day trading on Monday, hitting $18.10. 36,740 shares of the company were exchanged. Gencor Industries Inc. has a 12-month low of $11.02 and a 12-month high of $18.40. The firm has a 50 day moving average of $16.81 and a 200 day moving average of $16.19. The company has a market capitalization of $260.66 million, a price-to-earnings ratio of 29.67 and a beta of 0.65.

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Hedge funds have recently made changes to their positions in the stock. Concert Wealth Management Inc. bought a new stake in Gencor Industries in the second quarter valued at approximately $173,000. Institute for Wealth Management LLC. bought a new stake in Gencor Industries in the second quarter valued at approximately $173,000. Greenwood Capital Associates LLC boosted its holdings in Gencor Industries by 1.1% in the second quarter. Greenwood Capital Associates LLC now owns 11,045 shares of the industrial products company’s stock valued at $179,000 after acquiring an additional 117 shares during the last quarter. Janus Henderson Group PLC bought a new stake in Gencor Industries in the second quarter valued at approximately $219,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in Gencor Industries in the second quarter valued at approximately $336,000. Institutional investors and hedge funds own 39.36% 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.

Insider Buying and Selling by Quarter for Gencor Industries (NASDAQ:GENC)

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