Gencor Industries Inc. (NASDAQ:GENC) major shareholder Sherry Houtkin sold 3,101 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $14.81, for a total value of $45,925.81. Following the completion of the sale, the insider now directly owns 1,185,341 shares of the company’s stock, valued at approximately $17,554,900.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Sherry Houtkin also recently made the following trade(s): On Tuesday, November 22nd, Sherry Houtkin sold 10,000 shares of Gencor Industries stock. The stock was sold at an average price of $14.93, for a total value of $149,300.00. On Friday, November 18th, Sherry Houtkin sold 2,390 shares of Gencor Industries stock. The stock was sold at an average price of $14.79, for a total value of $35,348.10.
Shares of Gencor Industries Inc. (NASDAQ:GENC) traded down 3.67% during midday trading on Monday, hitting $14.45. The stock had a trading volume of 17,909 shares. The firm has a market cap of $207.16 million, a price-to-earnings ratio of 66.59 and a beta of 0.53. Gencor Industries Inc. has a 1-year low of $6.77 and a 1-year high of $15.20. The firm has a 50-day moving average price of $12.56 and a 200-day moving average price of $11.28.
About Gencor Industries