Moors & Cabot Inc. cut its holdings in shares of National Presto Industries, Inc. (NYSE:NPK) by 7.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,226 shares of the conglomerate’s stock after selling 1,050 shares during the period. Moors & Cabot Inc. owned about 0.18% of National Presto Industries worth $1,350,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Acrospire Investment Management LLC purchased a new stake in shares of National Presto Industries during the second quarter worth approximately $107,000. Bruderman Asset Management LLC purchased a new stake in shares of National Presto Industries during the second quarter worth approximately $120,000. Schroder Investment Management Group purchased a new stake in shares of National Presto Industries during the second quarter worth approximately $122,000. BNP Paribas Arbitrage SA increased its stake in shares of National Presto Industries by 50.6% during the second quarter. BNP Paribas Arbitrage SA now owns 1,610 shares of the conglomerate’s stock worth $178,000 after buying an additional 541 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of National Presto Industries during the second quarter worth approximately $220,000. Institutional investors own 54.20% of the company’s stock.

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Separately, BidaskClub lowered shares of National Presto Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, August 22nd.

National Presto Industries, Inc. (NPK) traded up 1.12% during mid-day trading on Friday, hitting $108.45. 15,404 shares of the company were exchanged. National Presto Industries, Inc. has a 12 month low of $83.53 and a 12 month high of $114.70. The firm has a 50 day moving average price of $101.37 and a 200 day moving average price of $105.31. The stock has a market cap of $755.35 million, a price-to-earnings ratio of 13.29 and a beta of 0.46.

National Presto Industries Profile

National Presto Industries, Inc operates through two business segments: the Housewares/Small Appliance segment and the Defense segment. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics and comfort appliances.

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Institutional Ownership by Quarter for National Presto Industries (NYSE:NPK)

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