Gencor Industries Inc. (GENC) Major Shareholder Sherry Houtkin Sells 9,721 Shares
Gencor Industries Inc. (NASDAQ:GENC) major shareholder Sherry Houtkin sold 9,721 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $17.01, for a total value of $165,354.21. Following the completion of the sale, the insider now directly owns 1,440,051 shares in the company, valued at approximately $24,495,267.51. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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, September 21st, Sherry Houtkin sold 15,451 shares of Gencor Industries stock. The shares were sold at an average price of $16.97, for a total value of $262,203.47.
Gencor Industries Inc. (NASDAQ GENC) traded up 0.88% during mid-day trading on Friday, reaching $17.10. The company’s stock had a trading volume of 15,783 shares. The stock has a market cap of $246.26 million, a PE ratio of 28.03 and a beta of 0.61. The company has a 50 day moving average of $15.81 and a 200-day moving average of $15.73. Gencor Industries Inc. has a 52-week low of $10.98 and a 52-week high of $17.20.
A number of large investors have recently modified their holdings of the stock. State Street Corp grew its position in Gencor Industries by 11.5% during the second quarter. State Street Corp now owns 113,952 shares of the industrial products company’s stock worth $1,846,000 after buying an additional 11,730 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in Gencor Industries during the second quarter worth approximately $219,000. Institute for Wealth Management LLC. acquired a new stake in Gencor Industries during the second quarter worth approximately $173,000. Dimensional Fund Advisors LP grew its position in Gencor Industries by 10.9% during the second quarter. Dimensional Fund Advisors LP now owns 529,322 shares of the industrial products company’s stock worth $8,575,000 after buying an additional 52,091 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Gencor Industries by 2.1% during the second quarter. Vanguard Group Inc. now owns 311,322 shares of the industrial products company’s stock worth $5,044,000 after buying an additional 6,365 shares in the last quarter. 39.35% of the stock is currently owned by institutional investors and hedge funds.
Gencor Industries Company Profile
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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