National Presto Industries (NYSE:NPK) Director Randy Lieble Sells 2,417 Shares

National Presto Industries, Inc. (NYSE:NPK) Director Randy Lieble sold 2,417 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $143.97, for a total transaction of $347,975.49. Following the sale, the director owned 5,222 shares of the company’s stock, valued at approximately $751,811.34. The trade was a 31.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

National Presto Industries Trading Down 6.0%

NYSE NPK traded down $8.40 during trading hours on Thursday, reaching $131.85. The company’s stock had a trading volume of 11,699 shares, compared to its average volume of 82,989. The business has a 50-day simple moving average of $125.69 and a 200 day simple moving average of $113.11. National Presto Industries, Inc. has a 52 week low of $77.63 and a 52 week high of $149.85. The stock has a market cap of $942.75 million, a PE ratio of 24.16 and a beta of 0.49.

National Presto Industries Announces Dividend

The company also recently announced an annual dividend, which will be paid on Friday, March 20th. Shareholders of record on Monday, March 9th will be given a $1.00 dividend. The ex-dividend date is Monday, March 9th. This represents a yield of 71.0%. National Presto Industries’s dividend payout ratio is 18.38%.

Analyst Ratings Changes

A number of analysts have recently commented on NPK shares. Weiss Ratings reissued a “buy (b-)” rating on shares of National Presto Industries in a research note on Monday, December 29th. Wall Street Zen raised National Presto Industries from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Institutional Trading of National Presto Industries

Several large investors have recently added to or reduced their stakes in NPK. Vanguard Group Inc. grew its stake in National Presto Industries by 3.3% in the third quarter. Vanguard Group Inc. now owns 373,845 shares of the conglomerate’s stock valued at $41,927,000 after purchasing an additional 11,769 shares in the last quarter. State Street Corp raised its stake in shares of National Presto Industries by 7.0% during the 4th quarter. State Street Corp now owns 348,255 shares of the conglomerate’s stock worth $37,180,000 after purchasing an additional 22,745 shares in the last quarter. Medina Value Partners LLC raised its stake in shares of National Presto Industries by 1.6% during the 4th quarter. Medina Value Partners LLC now owns 212,246 shares of the conglomerate’s stock worth $22,659,000 after purchasing an additional 3,360 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of National Presto Industries by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 137,752 shares of the conglomerate’s stock valued at $14,709,000 after buying an additional 1,544 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of National Presto Industries by 0.5% during the 4th quarter. Gamco Investors INC. ET AL now owns 95,819 shares of the conglomerate’s stock valued at $10,230,000 after buying an additional 520 shares during the last quarter. 58.57% of the stock is owned by institutional investors and hedge funds.

About National Presto Industries

National Presto Industries, Inc is an American diversified manufacturer headquartered in Eau Claire, Wisconsin. The company operates primarily through three business segments—Housewares/Small Appliances, Defense Products, and Safety—which together supply a range of consumer and industrial markets. Founded in 1905, National Presto Industries has built a reputation for durable, user-friendly products marketed under the Presto and National Presto brands.

In its Housewares/Small Appliances segment, National Presto offers a variety of kitchen products designed to simplify home cooking and meal preparation.