Alpha Pro Tech (NYSE:APT) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Alpha Pro Tech (NYSE:APT) from a strong-buy rating to a buy rating in a research report sent to investors on Thursday morning.

Alpha Pro Tech Trading Down 0.5 %

Shares of APT opened at $5.62 on Thursday. Alpha Pro Tech has a 12 month low of $4.28 and a 12 month high of $6.92. The firm’s 50 day moving average is $5.74 and its 200-day moving average is $5.63. The stock has a market capitalization of $62.80 million, a PE ratio of 15.19 and a beta of -0.73.

Insider Transactions at Alpha Pro Tech

In other news, Director David R. Garcia sold 5,000 shares of the firm’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 transaction of $27,400.00. Following the transaction, the director now directly owns 9,413 shares of the company’s stock, valued at approximately $51,583.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 14.00% of the company’s stock.

Institutional Trading of Alpha Pro Tech

Several large investors have recently made changes to their positions in APT. Hillsdale Investment Management Inc. acquired a new stake in shares of Alpha Pro Tech during the 1st quarter worth approximately $91,000. Inspire Advisors LLC acquired a new stake in shares of Alpha Pro Tech during the 3rd quarter worth approximately $326,000. O Shaughnessy Asset Management LLC boosted its position in shares of Alpha Pro Tech by 226.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 90,015 shares of the company’s stock worth $562,000 after acquiring an additional 62,437 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Alpha Pro Tech by 37.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock worth $688,000 after acquiring an additional 33,782 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of Alpha Pro Tech by 893.0% during the 1st quarter. Acadian Asset Management LLC now owns 120,296 shares of the company’s stock worth $750,000 after acquiring an additional 108,181 shares in the last quarter. Institutional investors and hedge funds own 22.69% of the company’s stock.

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.