Alpha Pro Tech (NYSE:APT) Director Charles Montgomery Sells 20,000 Shares

Alpha Pro Tech, Ltd. (NYSE:APT) Director Charles Montgomery sold 20,000 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $6.25, for a total transaction of $125,000.00. Following the sale, the director owned 25,281 shares in the company, valued at $158,006.25. The trade was a 44.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Alpha Pro Tech Stock Down 4.3%

Shares of Alpha Pro Tech stock opened at $6.08 on Thursday. The company has a market capitalization of $62.12 million, a price-to-earnings ratio of 16.43 and a beta of 0.80. Alpha Pro Tech, Ltd. has a 12-month low of $4.25 and a 12-month high of $7.50. The firm’s 50-day moving average price is $4.87 and its two-hundred day moving average price is $4.78.

Institutional Investors Weigh In On Alpha Pro Tech

Several hedge funds and other institutional investors have recently made changes to their positions in APT. Synovus Financial Corp bought a new stake in shares of Alpha Pro Tech during the 3rd quarter valued at approximately $120,000. Jane Street Group LLC acquired a new stake in Alpha Pro Tech during the 1st quarter worth approximately $117,000. NewEdge Advisors LLC boosted its position in Alpha Pro Tech by 94.9% during 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 period. Finally, Needham Investment Management LLC boosted its position in Alpha Pro Tech by 1.2% during 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 period. 22.69% of the stock is owned by institutional investors.

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.