Alpha Pro Tech (NYSE:APT) Director Sells $28,812.00 in Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director David Garcia sold 4,900 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $5.88, for a total value of $28,812.00. Following the completion of the sale, the director directly owned 19,768 shares in the company, valued at approximately $116,235.84. The trade was a 19.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Alpha Pro Tech Price Performance

NYSE:APT traded up $0.59 during mid-day trading on Monday, reaching $6.08. The company’s stock had a trading volume of 240,899 shares, compared to its average volume of 66,347. The stock has a market cap of $62.16 million, a P/E ratio of 16.43 and a beta of 0.80. Alpha Pro Tech, Ltd. has a twelve month low of $4.25 and a twelve month high of $7.50. The company’s fifty day simple moving average is $4.89 and its two-hundred day simple moving average is $4.80.

Hedge Funds Weigh In On Alpha Pro Tech

Several hedge funds and other institutional investors have recently modified their holdings of APT. Jane Street Group LLC acquired a new position in shares of Alpha Pro Tech in the 1st quarter valued at about $117,000. NewEdge Advisors LLC acquired a new position in shares of Alpha Pro Tech in the 2nd quarter valued at about $74,000. Synovus Financial Corp acquired a new position in shares of Alpha Pro Tech in the 3rd quarter valued at about $120,000. Needham Investment Management LLC lifted its stake in shares of Alpha Pro Tech by 1.2% in the 4th quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock valued at $2,853,000 after purchasing an additional 7,500 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Alpha Pro Tech by 4.0% in the 1st quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock valued at $2,416,000 after purchasing an additional 21,100 shares in the last quarter. 22.69% of the stock is owned by institutional investors and hedge funds.

About Alpha Pro Tech

Alpha Pro Tech Ltd is a Canada‐based specialty manufacturer of engineered polymer products that serve construction and healthcare markets. Through its two operating segments, the company develops, produces and markets synthetic materials used in residential and commercial construction as well as personal protective equipment and respiratory protection for industrial and medical applications.

In its Building Products segment, Alpha Pro Tech offers synthetic roofing underlayment, housewrap and related weatherproofing accessories designed to enhance moisture and air control in roof and wall assemblies.