Gencor Industries, Inc. (DE) (NASDAQ:GENC) President Marc G. Elliott sold 13,000 shares of the company’s stock in a transaction dated Monday, June 11th. The shares were sold at an average price of $15.65, for a total transaction of $203,450.00. Following the sale, the president now owns 411,288 shares of the company’s stock, valued at $6,436,657.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Gencor Industries, Inc. (DE) traded down $0.20, hitting $15.60, during trading on Tuesday, according to Marketbeat. 52 shares of the company’s stock traded hands, compared to its average volume of 20,924. Gencor Industries, Inc. has a 12-month low of $14.85 and a 12-month high of $18.45. The firm has a market cap of $227.40 million, a price-to-earnings ratio of 23.43 and a beta of 0.72.

Gencor Industries, Inc. (DE) (NASDAQ:GENC) last posted its quarterly earnings results on Thursday, May 3rd. The industrial products company reported $0.26 earnings per share (EPS) for the quarter. Gencor Industries, Inc. (DE) had a net margin of 10.10% and a return on equity of 7.42%. The business had revenue of $30.83 million during the quarter.

A number of hedge funds and other institutional investors have recently bought and sold shares of GENC. Tower Research Capital LLC TRC boosted its position 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 buying an additional 5,303 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Gencor Industries, Inc. (DE) by 49.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 17,250 shares of the industrial products company’s stock valued at $278,000 after acquiring an additional 5,700 shares during the last quarter. Stone Ridge Asset Management LLC bought a new position in shares of Gencor Industries, Inc. (DE) during the fourth quarter valued at about $366,000. Sapphire Star Partners LP bought a new position in shares of Gencor Industries, Inc. (DE) during the fourth quarter valued at about $547,000. Finally, Deutsche Bank AG raised its stake in shares of Gencor Industries, Inc. (DE) by 48.8% during the fourth quarter. Deutsche Bank AG now owns 45,995 shares of the industrial products company’s stock valued at $759,000 after acquiring an additional 15,094 shares during the last quarter. Institutional investors and hedge funds own 44.25% of the company’s stock.

About Gencor Industries, Inc. (DE)

Gencor Industries, Inc, together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt plants to produce asphalt paving materials; related asphalt plant equipment, including hot mix storage silos, fabric filtration systems, cold feed bins, and other plant components; and a range of mobile batch plants.

Insider Buying and Selling by Quarter for Gencor Industries, Inc. (DE) (NASDAQ:GENC)

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