Alpha Pro Tech (NYSE:APT) Director Sells $110,592.72 in Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director Charles Montgomery sold 21,943 shares of the business’s stock in a transaction that occurred on Monday, September 28th. The stock was sold at an average price of $5.04, for a total transaction of $110,592.72. Following the sale, the director owned 25,281 shares of the company’s stock, valued at approximately $127,416.24. This represents a 46.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Alpha Pro Tech Trading Up 0.4%

NYSE:APT opened at $5.09 on Friday. The firm has a market capitalization of $51.95 million, a price-to-earnings ratio of 13.76 and a beta of 0.91. The firm’s fifty day simple moving average is $5.21 and its 200 day simple moving average is $5.18. Alpha Pro Tech, Ltd. has a twelve month low of $4.34 and a twelve month high of $7.50.

Institutional Investors Weigh In On Alpha Pro Tech

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Alpha Pro Tech during the 2nd quarter valued at about $1,566,000. Renaissance Technologies LLC lifted its position in Alpha Pro Tech by 4.0% during the 1st quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock worth $2,416,000 after acquiring an additional 21,100 shares in the last quarter. Finally, Needham Investment Management LLC boosted its holdings 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 acquiring an additional 7,500 shares during the period. Hedge funds and other institutional investors own 22.69% of the company’s stock.

Alpha Pro Tech Company Profile

Alpha Pro Tech, Ltd. develops, manufactures and markets disposable protective products and building-supply materials for commercial, industrial, medical and consumer applications. The company serves customers through a combination of in-house manufacturing and distribution operations.

Its Disposable Protective Apparel and Infection Control products include protective coveralls, gowns, face masks, shoe and boot covers, bouffant caps, beard covers and other single-use apparel. These products are used in healthcare, pharmaceutical, laboratory, cleanroom, food-processing and industrial environments.

Through its Building Supply segment, Alpha Pro Tech offers weatherization products such as housewrap, synthetic roofing underlayment, flashing materials and related construction accessories.