Gencor Industries, Inc. (DE) (NASDAQ:GENC) major shareholder Sherry Houtkin sold 6,466 shares of the company’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $15.91, for a total value of $102,874.06. Following the transaction, the insider now directly owns 1,567,317 shares in the company, valued at $24,936,013.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Sherry Houtkin also recently made the following trade(s):
Shares of Gencor Industries, Inc. (NASDAQ GENC) opened at 16.10 on Tuesday. Gencor Industries, Inc. has a 1-year low of $9.50 and a 1-year high of $17.20. The stock has a market capitalization of $231.74 million, a price-to-earnings ratio of 27.29 and a beta of 0.60. The stock’s 50 day moving average is $16.04 and its 200 day moving average is $15.34. Gencor Industries, Inc. (DE) (NASDAQ:GENC) last announced its quarterly earnings data on Friday, May 5th. The industrial products company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $22.53 million for the quarter. Gencor Industries, Inc. (DE) had a net margin of 9.38% and a return on equity of 5.72%. On average, equities analysts forecast that Gencor Industries, Inc. will post $0.34 EPS for the current year.
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