Alpha Pro Tech, Ltd. (NYSE:APT) Director Sells $27,400.00 in Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director David R. Garcia sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $5.48, for a total value of $27,400.00. Following the completion of the sale, the director now owns 9,413 shares of the company’s stock, valued at approximately $51,583.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Alpha Pro Tech Stock Performance

Shares of NYSE:APT opened at $5.95 on Friday. Alpha Pro Tech, Ltd. has a one year low of $3.93 and a one year high of $6.92. The company has a 50-day simple moving average of $5.82 and a 200-day simple moving average of $5.73. The stock has a market capitalization of $69.55 million, a price-to-earnings ratio of 16.53 and a beta of -0.74.

Alpha Pro Tech (NYSE:APT) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $16.29 million during the quarter. Alpha Pro Tech had a return on equity of 7.64% and a net margin of 7.71%.

Hedge Funds Weigh In On Alpha Pro Tech

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hillsdale Investment Management Inc. purchased a new position in Alpha Pro Tech during the 1st quarter worth $91,000. O Shaughnessy Asset Management LLC raised its holdings in Alpha Pro Tech by 226.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 90,015 shares of the company’s stock worth $562,000 after purchasing an additional 62,437 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Alpha Pro Tech by 37.0% during the second quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock worth $688,000 after purchasing an additional 33,782 shares in the last quarter. Acadian Asset Management LLC lifted its position in Alpha Pro Tech by 893.0% in the first quarter. Acadian Asset Management LLC now owns 120,296 shares of the company’s stock valued at $750,000 after purchasing an additional 108,181 shares during the period. Finally, Linden Thomas Advisory Services LLC boosted its holdings in Alpha Pro Tech by 2.2% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 163,644 shares of the company’s stock valued at $900,000 after purchasing an additional 3,511 shares in the last quarter. 22.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Alpha Pro Tech from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 14th.

About Alpha Pro Tech

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.