Trading Report: The Insider Selling: Gencor Industries Inc. (GENC) Major Shareholder Sold $149,300.00 in Stock

The Insider Selling: Gencor Industries Inc. (GENC) Major Shareholder Sold $149,300.00 in Stock

Gencor Industries Inc. (NASDAQ:GENC) major shareholder Sherry Houtkin sold 10,000 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $14.93, for a total transaction of $149,300.00. Following the sale, the insider now owns 1,193,442 shares of the company’s stock, valued at approximately $17,818,089.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% 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 Friday, November 18th, Sherry Houtkin sold 2,390 shares of Gencor Industries stock. The shares were sold at an average price of $14.79, for a total transaction of $35,348.10.

Shares of Gencor Industries Inc. (NASDAQ:GENC) opened at 15.00 on Monday. The firm’s 50 day moving average is $12.56 and its 200 day moving average is $11.28. Gencor Industries Inc. has a 12 month low of $6.77 and a 12 month high of $15.20. The company has a market cap of $215.04 million, a PE ratio of 69.12 and a beta of 0.53.

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