Gencor Industries Inc. (NASDAQ:GENC) major shareholder Sherry Houtkin sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $17.86, for a total value of $446,500.00. Following the completion of the transaction, the insider now owns 1,319,007 shares in the company, valued at $23,557,465.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • 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 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.
  • On Monday, September 25th, Sherry Houtkin sold 10,000 shares of Gencor Industries stock. The shares were sold at an average price of $17.28, for a total value of $172,800.00.
  • On Tuesday, September 26th, Sherry Houtkin sold 19,756 shares of Gencor Industries stock. The shares were sold at an average price of $17.36, for a total value of $342,964.16.
  • On Wednesday, September 20th, Sherry Houtkin sold 9,721 shares of Gencor Industries stock. The shares were sold at an average price of $17.01, for a total value of $165,354.21.
  • On Thursday, September 21st, Sherry Houtkin sold 15,451 shares of Gencor Industries stock. The shares were sold at an average price of $16.97, for a total value of $262,203.47.

Gencor Industries Inc. (NASDAQ GENC) opened at 17.95 on Friday. The company has a 50-day moving average price of $16.41 and a 200-day moving average price of $16.03. The firm has a market capitalization of $258.50 million, a PE ratio of 29.43 and a beta of 0.66. Gencor Industries Inc. has a 12-month low of $11.00 and a 12-month high of $18.20.

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Hedge funds have recently added to or reduced their stakes in the business. Shufro Rose & Co. LLC purchased a new stake in Gencor Industries in the 2nd quarter worth approximately $413,000. Royce & Associates LP grew its stake in Gencor Industries by 95.0% in the 2nd quarter. Royce & Associates LP now owns 554,086 shares of the industrial products company’s stock worth $8,976,000 after acquiring an additional 270,005 shares during the period. QCI Asset Management Inc. NY grew its stake in Gencor Industries by 7.5% in the 2nd quarter. QCI Asset Management Inc. NY now owns 21,500 shares of the industrial products company’s stock worth $348,000 after acquiring an additional 1,500 shares during the period. Essex Investment Management Co. LLC grew its stake in Gencor Industries by 37.2% in the 2nd quarter. Essex Investment Management Co. LLC now owns 99,596 shares of the industrial products company’s stock worth $1,613,000 after acquiring an additional 26,993 shares during the period. Finally, Teton Advisors Inc. grew its stake in Gencor Industries by 0.9% in the 2nd quarter. Teton Advisors Inc. now owns 559,354 shares of the industrial products company’s stock worth $9,062,000 after acquiring an additional 4,854 shares during the period. 39.35% of the stock is owned by hedge funds and other institutional investors.

About Gencor Industries

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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