David Garcia Sells 4,900 Shares of Alpha Pro Tech (NYSE:APT) 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 completion of the transaction, the director directly 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 legal filing with the Securities & Exchange Commission, which is available through this link.

Alpha Pro Tech Price Performance

APT opened at $6.02 on Wednesday. The stock has a 50-day moving average price of $4.93 and a 200-day moving average price of $4.82. The firm has a market cap of $61.51 million, a PE ratio of 16.27 and a beta of 0.80. Alpha Pro Tech, Ltd. has a 1 year low of $4.25 and a 1 year high of $7.50.

Hedge Funds Weigh In On Alpha Pro Tech

Several hedge funds have recently bought and sold shares of APT. Jane Street Group LLC purchased a new position in shares of Alpha Pro Tech during the first quarter valued at $117,000. NewEdge Advisors LLC bought a new stake in shares of Alpha Pro Tech in the second quarter valued at about $74,000. Synovus Financial Corp bought a new stake in shares of Alpha Pro Tech in the third quarter valued at about $120,000. Needham Investment Management LLC raised its holdings in shares of Alpha Pro Tech by 1.2% in the fourth quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock valued at $2,853,000 after acquiring an additional 7,500 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Alpha Pro Tech by 4.0% in the first quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock valued at $2,416,000 after acquiring an additional 21,100 shares in the last quarter. Institutional investors own 22.69% of the company’s stock.

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.