Joseph Anderson, Jr. Sells 5,939 Shares of Gentex (NASDAQ:GNTX) Stock

Gentex Corporation (NASDAQ:GNTX) Director Joseph Anderson, Jr. sold 5,939 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $22.98, for a total transaction of $136,478.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Gentex Price Performance

Shares of GNTX stock opened at $22.87 on Friday. Gentex Corporation has a 12 month low of $20.48 and a 12 month high of $29.38. The firm has a market capitalization of $4.87 billion, a P/E ratio of 12.85 and a beta of 0.78. The company’s fifty day moving average price is $22.19 and its two-hundred day moving average price is $23.08.

Gentex (NASDAQ:GNTX) last released its earnings results on Friday, April 24th. The auto parts company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.04. The company had revenue of $675.44 million during the quarter, compared to the consensus estimate of $649.42 million. Gentex had a net margin of 14.75% and a return on equity of 16.27%. The company’s revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.42 EPS. On average, sell-side analysts anticipate that Gentex Corporation will post 1.96 EPS for the current year.

Gentex Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, April 8th. This represents a $0.48 annualized dividend and a dividend yield of 2.1%. Gentex’s payout ratio is presently 26.97%.

Institutional Trading of Gentex

Institutional investors have recently made changes to their positions in the stock. Anchor Investment Management LLC acquired a new stake in shares of Gentex in the 1st quarter worth approximately $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Gentex in the 3rd quarter worth approximately $38,000. AdvisorNet Financial Inc lifted its stake in shares of Gentex by 2,299.0% in the 1st quarter. AdvisorNet Financial Inc now owns 2,399 shares of the auto parts company’s stock worth $52,000 after acquiring an additional 2,299 shares during the period. Arax Advisory Partners acquired a new stake in Gentex during the fourth quarter valued at approximately $52,000. Finally, Employees Retirement System of Texas acquired a new stake in Gentex during the fourth quarter valued at approximately $56,000. 86.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Wall Street Zen raised shares of Gentex from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Robert W. Baird boosted their price objective on shares of Gentex from $25.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. boosted their price objective on shares of Gentex from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday. Freedom Capital raised shares of Gentex to a “strong-buy” rating in a research report on Friday, March 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Gentex in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $26.83.

Trending Headlines about Gentex

Here are the key news stories impacting Gentex this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Gentex to $1.91 from $1.89 and also increased its Q2 2027 and Q3 2027 forecasts, signaling improving expectations for medium-term earnings growth.
• Positive Sentiment: JPMorgan recently lifted its price target on Gentex to $28 from $27, suggesting Wall Street sees somewhat better valuation support despite keeping a neutral rating.
• Positive Sentiment: Gentex’s last quarterly report beat expectations on both earnings and revenue, which continues to support the investment case. Gentex stock page
• Neutral Sentiment: Director Brian Walker sold 5,939 shares for about $136,478 at $22.98 per share, a transaction that may be viewed cautiously by investors but is not, by itself, a major fundamental change. Gentex director sale article
• Neutral Sentiment: Gentex remains a profitable auto supplier with a relatively low valuation and a 2.1% dividend yield, which may help cushion downside. Gentex stock page
• Negative Sentiment: Zacks Research trimmed Q4 2026 EPS to $0.47 from $0.48 and cut Q1 2027 EPS to $0.51 from $0.54, reinforcing some near-term caution around the next few quarters.
• Negative Sentiment: The firm also lowered its Q4 2027 EPS estimate and reduced FY2027 EPS to $2.13 from $2.17, which may weigh on sentiment for Gentex’s longer-dated growth outlook.

Gentex Company Profile

Gentex Corporation (NASDAQ: GNTX) is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company’s primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world’s leading original equipment manufacturers (OEMs).