Charles Montgomery Sells 3,886 Shares of Alpha Pro Tech (NYSE:APT) Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director Charles Montgomery sold 3,886 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $7.03, for a total transaction of $27,318.58. Following the sale, the director directly owned 45,281 shares in the company, valued at $318,325.43. The trade was a 7.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Alpha Pro Tech Price Performance

NYSE:APT opened at $5.88 on Friday. Alpha Pro Tech, Ltd. has a one year low of $4.25 and a one year high of $7.50. The company’s 50-day simple moving average is $4.89 and its 200 day simple moving average is $4.79. The firm has a market capitalization of $60.08 million, a P/E ratio of 15.89 and a beta of 0.80.

Institutional Investors Weigh In On Alpha Pro Tech

Several hedge funds have recently bought and sold shares of the business. Needham Investment Management LLC boosted its stake in Alpha Pro Tech by 1.2% during the fourth 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 in the last quarter. Renaissance Technologies LLC boosted its stake in Alpha Pro Tech by 4.0% during the first 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. NewEdge Advisors LLC boosted its stake in Alpha Pro Tech by 94.9% during the fourth quarter. NewEdge Advisors LLC now owns 32,814 shares of the company’s stock worth $146,000 after acquiring an additional 15,980 shares in the last quarter. Synovus Financial Corp purchased a new position in Alpha Pro Tech in the third quarter worth about $120,000. Finally, Jane Street Group LLC purchased a new position in Alpha Pro Tech in the first quarter worth about $117,000. Institutional investors own 22.69% of the company’s stock.

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.