Key Points
- Director James Buchan sold 4,740 shares of Alpha Pro Tech on December 5 at an average price of $4.61 for $21,851.40, leaving him with 5,615 shares and representing a 45.77% drop in his ownership.
- This December sale follows an earlier insider sale on September 9 when Buchan sold 9,413 shares at $4.86 (about $45,747), indicating continued insider selling activity.
- Alpha Pro Tech (APT) is trading near the lower end of its 52-week range (low $4.06 / high $6.20) with a market cap of about $47.1M, a P/E of 12.30, and roughly 22.7% owned by institutional investors.
Alpha Pro Tech, Ltd. (NYSE:APT - Get Free Report) Director James Buchan sold 4,740 shares of Alpha Pro Tech stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $4.61, for a total transaction of $21,851.40. Following the transaction, the director directly owned 5,615 shares of the company's stock, valued at approximately $25,885.15. This trade represents a 45.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
James Buchan also recently made the following trade(s):
- On Tuesday, September 9th, James Buchan sold 9,413 shares of Alpha Pro Tech stock. The stock was sold at an average price of $4.86, for a total transaction of $45,747.18.
Alpha Pro Tech Stock Performance
APT opened at $4.55 on Tuesday. Alpha Pro Tech, Ltd. has a 52-week low of $4.06 and a 52-week high of $6.20. The company's 50-day simple moving average is $4.64 and its two-hundred day simple moving average is $4.71. The stock has a market capitalization of $47.14 million, a P/E ratio of 12.30 and a beta of 0.56.
Institutional Trading of Alpha Pro Tech
A number of hedge funds and other institutional investors have recently modified their holdings of APT. James Investment Research Inc. bought a new position in shares of Alpha Pro Tech during the 2nd quarter valued at about $52,000. NewEdge Advisors LLC purchased a new stake in shares of Alpha Pro Tech in the second quarter worth approximately $74,000. Jane Street Group LLC bought a new stake in shares of Alpha Pro Tech during the first quarter worth $117,000. Synovus Financial Corp purchased a new stake in shares of Alpha Pro Tech in the third quarter valued at approximately $120,000. Finally, Inspire Advisors LLC purchased a new position in Alpha Pro Tech during the 2nd quarter valued at about $274,000. 22.69% of the stock is owned by hedge funds and other institutional investors.
Alpha Pro Tech Company Profile
(
Get Free Report)
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
