Needham Investment Management LLC Acquires 7,500 Shares of Alpha Pro Tech, Ltd. (NYSE:APT)

Needham Investment Management LLC boosted its holdings in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 610,000 shares of the company’s stock after acquiring an additional 7,500 shares during the period. Needham Investment Management LLC owned 5.55% of Alpha Pro Tech worth $3,477,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Linden Thomas Advisory Services LLC lifted its holdings in shares of Alpha Pro Tech by 2.2% during the second 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 during the last quarter. Acadian Asset Management LLC boosted its holdings in Alpha Pro Tech by 32.9% in the second quarter. Acadian Asset Management LLC now owns 159,825 shares of the company’s stock worth $877,000 after acquiring an additional 39,529 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Alpha Pro Tech by 37.0% during the second quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock valued at $688,000 after acquiring an additional 33,782 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Alpha Pro Tech by 1.3% in the 2nd quarter. Renaissance Technologies LLC now owns 632,375 shares of the company’s stock worth $3,478,000 after purchasing an additional 8,316 shares during the last quarter. Finally, Inspire Advisors LLC bought a new position in Alpha Pro Tech in the 3rd quarter worth about $326,000. Institutional investors own 22.69% of the company’s stock.

Alpha Pro Tech Price Performance

Shares of Alpha Pro Tech stock traded up $0.37 during trading on Tuesday, hitting $5.14. 9,050 shares of the company’s stock traded hands, compared to its average volume of 48,207. Alpha Pro Tech, Ltd. has a 1 year low of $4.64 and a 1 year high of $6.92. The business has a 50-day simple moving average of $5.60 and a 200-day simple moving average of $5.58. The stock has a market capitalization of $56.54 million, a P/E ratio of 13.95 and a beta of -0.73.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Alpha Pro Tech from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 7th.

Insider Activity at Alpha Pro Tech

In other Alpha Pro Tech news, Director David R. Garcia sold 5,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $5.48, for a total value 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 34.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 14.00% of the stock is owned by insiders.

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.