Gencor Industries Inc. (NASDAQ:GENC) major shareholder Sherry Houtkin sold 662 shares of the firm’s stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $18.13, for a total value of $12,002.06. Following the completion of the sale, the insider now owns 1,250,307 shares in the company, valued at $22,668,065.91. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Sherry Houtkin also recently made the following trade(s):

  • On Monday, October 16th, Sherry Houtkin sold 10,948 shares of Gencor Industries stock. The shares were sold at an average price of $18.13, for a total value of $198,487.24.
  • On Tuesday, October 17th, Sherry Houtkin sold 12,306 shares of Gencor Industries stock. The shares were sold at an average price of $18.14, for a total value of $223,230.84.
  • On Friday, October 13th, Sherry Houtkin sold 9,316 shares of Gencor Industries stock. The shares were sold at an average price of $18.13, for a total value of $168,899.08.
  • On Wednesday, October 11th, Sherry Houtkin sold 12,588 shares of Gencor Industries stock. The shares were sold at an average price of $18.11, for a total value of $227,968.68.
  • On Monday, October 9th, Sherry Houtkin sold 13,026 shares of Gencor Industries stock. The shares were sold at an average price of $18.12, for a total value of $236,031.12.
  • On Wednesday, October 4th, Sherry Houtkin sold 16,370 shares of Gencor Industries stock. The shares were sold at an average price of $18.04, for a total value of $295,314.80.
  • On Tuesday, October 3rd, Sherry Houtkin sold 25,000 shares of Gencor Industries stock. The shares were sold at an average price of $17.86, for a total value of $446,500.00.
  • On Thursday, October 5th, Sherry Houtkin sold 45,802 shares of Gencor Industries stock. The shares were sold at an average price of $17.93, for a total value of $821,229.86.
  • On Monday, October 2nd, Sherry Houtkin sold 35,558 shares of Gencor Industries stock. The shares were sold at an average price of $17.78, for a total value of $632,221.24.
  • On Thursday, September 28th, Sherry Houtkin sold 35,000 shares of Gencor Industries stock. The shares were sold at an average price of $17.66, for a total value of $618,100.00.

Gencor Industries Inc. (GENC) opened at 18.40 on Friday. Gencor Industries Inc. has a 12 month low of $11.50 and a 12 month high of $18.45. The firm has a market capitalization of $264.98 million, a PE ratio of 30.16 and a beta of 0.66. The stock’s 50 day moving average price is $17.15 and its 200 day moving average price is $16.28.

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A number of hedge funds have recently bought and sold shares of the stock. Concert Wealth Management Inc. bought a new stake in shares of Gencor Industries during the 2nd quarter valued at $173,000. Institute for Wealth Management LLC. bought a new stake in shares of Gencor Industries during the 2nd quarter valued at $173,000. Greenwood Capital Associates LLC raised its position in shares of Gencor Industries by 1.1% during the 2nd quarter. Greenwood Capital Associates LLC now owns 11,045 shares of the industrial products company’s stock valued at $179,000 after acquiring an additional 117 shares during the last quarter. Janus Henderson Group PLC bought a new stake in shares of Gencor Industries during the 2nd quarter valued at $219,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in shares of Gencor Industries during the 2nd quarter valued at $336,000. Hedge funds and other institutional investors own 39.36% of the company’s stock.

Gencor Industries Company Profile

Gencor Industries, Inc is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials.

Insider Buying and Selling by Quarter for Gencor Industries (NASDAQ:GENC)

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