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 Alpha Pro Tech 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 sale, the director owned 19,768 shares of the company’s stock, valued at approximately $116,235.84. This represents a 19.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Alpha Pro Tech Stock Performance

Alpha Pro Tech stock traded up $0.59 during midday trading on Monday, reaching $6.08. 240,899 shares of the company were exchanged, compared to its average volume of 66,347. The company has a market capitalization of $62.16 million, a price-to-earnings ratio of 16.43 and a beta of 0.80. The firm’s 50-day simple moving average is $4.89 and its 200-day simple moving average is $4.80. Alpha Pro Tech, Ltd. has a 1 year low of $4.25 and a 1 year high of $7.50.

Institutional Trading of Alpha Pro Tech

A number of hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its stake in Alpha Pro Tech by 4.0% in the 1st quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock worth $2,416,000 after buying an additional 21,100 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Alpha Pro Tech by 94.9% in the 4th quarter. NewEdge Advisors LLC now owns 32,814 shares of the company’s stock worth $146,000 after buying an additional 15,980 shares during the last quarter. Needham Investment Management LLC boosted its stake in Alpha Pro Tech by 1.2% in the 4th quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock worth $2,853,000 after buying an additional 7,500 shares during the last quarter. Synovus Financial Corp acquired a new stake in Alpha Pro Tech in the 3rd quarter worth about $120,000. Finally, Jane Street Group LLC acquired a new stake in Alpha Pro Tech in the 1st quarter worth about $117,000. 22.69% of the stock is owned by institutional investors and hedge funds.

Alpha Pro Tech Company Profile

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.