Servotronics, Inc. (NYSEAMERICAN:SVT - Get Free Report) major shareholder Beaver Hollow Wellness, Llc sold 7,500 shares of the business's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $12.25, for a total transaction of $91,875.00. Following the transaction, the insider now directly owns 428,557 shares in the company, valued at approximately $5,249,823.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Beaver Hollow Wellness, Llc also recently made the following trade(s):
- On Friday, April 5th, Beaver Hollow Wellness, Llc sold 600 shares of Servotronics stock. The stock was sold at an average price of $12.33, for a total transaction of $7,398.00.
- On Monday, March 25th, Beaver Hollow Wellness, Llc sold 11,638 shares of Servotronics stock. The shares were sold at an average price of $12.50, for a total transaction of $145,475.00.
- On Friday, March 22nd, Beaver Hollow Wellness, Llc sold 12,362 shares of Servotronics stock. The stock was sold at an average price of $12.54, for a total transaction of $155,019.48.
Servotronics Trading Down 0.3 %
SVT stock opened at $12.75 on Wednesday. Servotronics, Inc. has a one year low of $8.80 and a one year high of $14.32.
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Servotronics (NYSEAMERICAN:SVT - Get Free Report) last posted its earnings results on Friday, March 22nd. The conglomerate reported $0.15 earnings per share (EPS) for the quarter. Servotronics had a negative return on equity of 16.05% and a negative net margin of 23.77%. The company had revenue of $12.34 million during the quarter.
Institutional Trading of Servotronics
Hedge funds and other institutional investors have recently modified their holdings of the business. Courier Capital LLC acquired a new position in Servotronics in the first quarter valued at about $106,000. Oppenheimer & Close LLC raised its stake in shares of Servotronics by 93.1% in the 3rd quarter. Oppenheimer & Close LLC now owns 88,613 shares of the conglomerate's stock valued at $976,000 after acquiring an additional 42,713 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Servotronics by 186.4% in the 4th quarter. Vanguard Group Inc. now owns 79,194 shares of the conglomerate's stock valued at $990,000 after acquiring an additional 51,544 shares during the period. 24.77% of the stock is owned by institutional investors and hedge funds.
About Servotronics
(
Get Free Report)
Servotronics, Inc designs, manufactures, and markets control components and consumer products in the United States and internationally. It operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets.
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