Alpha Pro Tech (NYSE:APT) Director David Garcia Sells 4,900 Shares of Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director David Garcia sold 4,900 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $5.88, for a total transaction of $28,812.00. Following the completion of the sale, the director owned 19,768 shares in the company, valued at approximately $116,235.84. This trade represents a 19.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Alpha Pro Tech Stock Performance

APT opened at $6.20 on Tuesday. The firm’s fifty day moving average is $4.91 and its two-hundred day moving average is $4.81. The firm has a market cap of $63.35 million, a PE ratio of 16.76 and a beta of 0.80. Alpha Pro Tech, Ltd. has a twelve month low of $4.25 and a twelve month high of $7.50.

Institutional Investors Weigh In On Alpha Pro Tech

Hedge funds have recently bought and sold shares of the company. Needham Investment Management LLC raised its holdings in Alpha Pro Tech by 1.2% in the fourth quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock worth $2,853,000 after purchasing an additional 7,500 shares during the period. Renaissance Technologies LLC raised its holdings in shares of 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 during the period. NewEdge Advisors LLC raised its holdings in shares of 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 during the period. Jane Street Group LLC acquired a new stake in shares of Alpha Pro Tech during the first quarter worth $117,000. Finally, Synovus Financial Corp acquired a new stake in shares of Alpha Pro Tech during the third quarter worth $120,000. 22.69% of the stock is currently owned by institutional investors and hedge funds.

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.