Brian Walker Sells 5,939 Shares of Gentex (NASDAQ:GNTX) Stock

Gentex Corporation (NASDAQ:GNTX) Director Brian Walker sold 5,939 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $22.98, for a total value of $136,478.22. Following the transaction, the director owned 24,205 shares in the company, valued at approximately $556,230.90. This represents a 19.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Gentex Price Performance

Shares of Gentex stock opened at $22.87 on Friday. The stock has a market cap of $4.87 billion, a P/E ratio of 12.85 and a beta of 0.78. The stock’s 50 day simple moving average is $22.19 and its 200-day simple moving average is $23.08. Gentex Corporation has a 1-year low of $20.48 and a 1-year high of $29.38.

Gentex (NASDAQ:GNTX) last issued its earnings results on Friday, April 24th. The auto parts company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.04. The business had revenue of $675.44 million for the quarter, compared to analysts’ expectations of $649.42 million. Gentex had a return on equity of 16.27% and a net margin of 14.75%.The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 EPS. As a group, research analysts expect that Gentex Corporation will post 1.96 EPS for the current fiscal year.

Gentex Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, April 8th. Gentex’s payout ratio is currently 26.97%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GNTX. Weiss Ratings restated a “hold (c)” rating on shares of Gentex in a report on Thursday, January 22nd. Wall Street Zen upgraded Gentex from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. JPMorgan Chase & Co. upped their price objective on Gentex from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday. UBS Group set a $26.00 price objective on Gentex in a report on Sunday, April 26th. Finally, B. Riley Financial reiterated a “buy” rating and issued a $29.00 price objective (up from $28.00) on shares of Gentex in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Gentex currently has a consensus rating of “Hold” and an average price target of $26.83.

Gentex News Roundup

Here are the key news stories impacting Gentex this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Gentex to $1.91 from $1.89 and also increased its Q2 2027 and Q3 2027 forecasts, signaling improving expectations for medium-term earnings growth.
• Positive Sentiment: JPMorgan recently lifted its price target on Gentex to $28 from $27, suggesting Wall Street sees somewhat better valuation support despite keeping a neutral rating.
• Positive Sentiment: Gentex’s last quarterly report beat expectations on both earnings and revenue, which continues to support the investment case. Gentex stock page
• Neutral Sentiment: Director Brian Walker sold 5,939 shares for about $136,478 at $22.98 per share, a transaction that may be viewed cautiously by investors but is not, by itself, a major fundamental change. Gentex director sale article
• Neutral Sentiment: Gentex remains a profitable auto supplier with a relatively low valuation and a 2.1% dividend yield, which may help cushion downside. Gentex stock page
• Negative Sentiment: Zacks Research trimmed Q4 2026 EPS to $0.47 from $0.48 and cut Q1 2027 EPS to $0.51 from $0.54, reinforcing some near-term caution around the next few quarters.
• Negative Sentiment: The firm also lowered its Q4 2027 EPS estimate and reduced FY2027 EPS to $2.13 from $2.17, which may weigh on sentiment for Gentex’s longer-dated growth outlook.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in GNTX. Bank of Montreal Can raised its position in Gentex by 14,398.7% in the fourth quarter. Bank of Montreal Can now owns 7,726,057 shares of the auto parts company’s stock valued at $179,785,000 after purchasing an additional 7,672,769 shares during the period. Caisse de depot et placement du Quebec raised its position in Gentex by 297.0% in the fourth quarter. Caisse de depot et placement du Quebec now owns 3,144,881 shares of the auto parts company’s stock valued at $73,181,000 after purchasing an additional 2,352,668 shares during the period. Norges Bank purchased a new stake in Gentex in the fourth quarter valued at approximately $52,767,000. Wellington Management Group LLP raised its position in Gentex by 10.3% in the third quarter. Wellington Management Group LLP now owns 14,828,120 shares of the auto parts company’s stock valued at $419,636,000 after purchasing an additional 1,383,203 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Gentex by 25.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,629,380 shares of the auto parts company’s stock valued at $154,271,000 after purchasing an additional 1,349,445 shares during the period. 86.76% of the stock is currently owned by institutional investors and hedge funds.

About Gentex

Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).