Walleye Capital LLC Makes New Investment in National Presto Industries, Inc. $NPK

Walleye Capital LLC bought a new position in shares of National Presto Industries, Inc. (NYSE:NPK) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 16,775 shares of the conglomerate’s stock, valued at approximately $1,643,000. Walleye Capital LLC owned 0.23% of National Presto Industries at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NPK. Exchange Traded Concepts LLC raised its position in shares of National Presto Industries by 2.0% during the 2nd quarter. Exchange Traded Concepts LLC now owns 8,735 shares of the conglomerate’s stock valued at $856,000 after purchasing an additional 168 shares during the period. State of Alaska Department of Revenue increased its stake in National Presto Industries by 8.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 3,059 shares of the conglomerate’s stock worth $298,000 after buying an additional 226 shares in the last quarter. Creative Planning raised its holdings in National Presto Industries by 11.5% during the second quarter. Creative Planning now owns 2,676 shares of the conglomerate’s stock valued at $262,000 after acquiring an additional 275 shares during the period. Prudential Financial Inc. boosted its stake in shares of National Presto Industries by 6.4% in the second quarter. Prudential Financial Inc. now owns 5,512 shares of the conglomerate’s stock worth $540,000 after acquiring an additional 333 shares during the period. Finally, Rhumbline Advisers boosted its stake in shares of National Presto Industries by 2.7% in the second quarter. Rhumbline Advisers now owns 15,203 shares of the conglomerate’s stock worth $1,489,000 after acquiring an additional 404 shares during the period. 58.57% of the stock is currently owned by institutional investors.

National Presto Industries Trading Up 2.0%

Shares of National Presto Industries stock opened at $100.98 on Wednesday. The firm has a market cap of $722.02 million, a PE ratio of 18.56 and a beta of 0.53. The stock has a 50 day moving average of $104.15 and a 200 day moving average of $102.88. National Presto Industries, Inc. has a 12 month low of $77.63 and a 12 month high of $120.49.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “buy (b)” rating on shares of National Presto Industries in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About National Presto Industries

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.