Key Points
- Director Donna Millar sold 6,971 Alpha Pro Tech shares at an average price of $5.04, generating $35,133.84. She retains 1,284,603 shares valued at approximately $6.47 million.
- Alpha Pro Tech shares opened at $5.12 and were reported down 1.9%, with the stock trading between a 12-month low of $4.34 and high of $7.50.
- Institutional investors own 22.69% of the company, with Needham Investment Management and Renaissance Technologies increasing their positions and BlackRock establishing a new stake.
Alpha Pro Tech, Ltd. (NYSE:APT - Get Free Report) Director Donna Millar sold 6,971 shares of the business's stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of $5.04, for a total transaction of $35,133.84. Following the transaction, the director directly owned 1,284,603 shares of the company's stock, valued at $6,474,399.12. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Alpha Pro Tech Trading Down 1.9%
NYSE:APT opened at $5.12 on Thursday. The company has a 50 day simple moving average of $5.20 and a two-hundred day simple moving average of $5.18. The company has a market cap of $52.25 million, a PE ratio of 13.84 and a beta of 0.91. Alpha Pro Tech, Ltd. has a 12 month low of $4.34 and a 12 month high of $7.50.
Hedge Funds Weigh In On Alpha Pro Tech
A number of institutional investors and hedge funds have recently made changes to their positions in APT. Needham Investment Management LLC grew its position in Alpha Pro Tech by 1.2% during the fourth quarter. Needham Investment Management LLC now owns 642,500 shares of the company's stock valued at $2,853,000 after buying an additional 7,500 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Alpha Pro Tech by 4.0% during the 1st quarter. Renaissance Technologies LLC now owns 544,072 shares of the company's stock worth $2,416,000 after acquiring an additional 21,100 shares during the last quarter. Finally, BlackRock Inc. bought a new stake in shares of Alpha Pro Tech during the 2nd quarter valued at $1,566,000. Hedge funds and other institutional investors own 22.69% of the company's stock.
Alpha Pro Tech Company Profile
(
Get Free Report)
Alpha Pro Tech, Ltd. develops, manufactures and markets disposable protective products and building-supply materials for commercial, industrial, medical and consumer applications. The company serves customers through a combination of in-house manufacturing and distribution operations.
Its Disposable Protective Apparel and Infection Control products include protective coveralls, gowns, face masks, shoe and boot covers, bouffant caps, beard covers and other single-use apparel. These products are used in healthcare, pharmaceutical, laboratory, cleanroom, food-processing and industrial environments.
Through its Building Supply segment, Alpha Pro Tech offers weatherization products such as housewrap, synthetic roofing underlayment, flashing materials and related construction accessories.
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