Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 1,480 shares of the stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $17.00, for a total value of $25,160.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Sherry Houtkin also recently made the following trade(s):
- On Thursday, March 8th, Sherry Houtkin sold 5,143 shares of Gencor Industries, Inc. (DE) stock. The shares were sold at an average price of $17.17, for a total value of $88,305.31.
Shares of Gencor Industries, Inc. (GENC) traded down $0.25 on Wednesday, hitting $16.50. The company had a trading volume of 12,972 shares, compared to its average volume of 19,233. The stock has a market capitalization of $248.14, a P/E ratio of 25.94 and a beta of 0.68. Gencor Industries, Inc. has a one year low of $13.62 and a one year high of $18.45.
Institutional investors and hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its holdings in Gencor Industries, Inc. (DE) by 240.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,504 shares of the industrial products company’s stock valued at $124,000 after purchasing an additional 5,303 shares during the period. Wells Fargo & Company MN grew its holdings in Gencor Industries, Inc. (DE) by 29.2% during the third quarter. Wells Fargo & Company MN now owns 15,921 shares of the industrial products company’s stock valued at $280,000 after purchasing an additional 3,596 shares during the period. Yorktown Management & Research Co Inc bought a new position in Gencor Industries, Inc. (DE) during the third quarter valued at $296,000. Stone Ridge Asset Management LLC bought a new position in Gencor Industries, Inc. (DE) during the fourth quarter valued at $366,000. Finally, Algert Global LLC bought a new position in Gencor Industries, Inc. (DE) during the third quarter valued at $477,000. 43.56% of the stock is owned by institutional investors.
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About Gencor Industries, Inc. (DE)
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.
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