Alpha Pro Tech, Ltd. (NYSE:APT) Director Sells $44,600.00 in Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director James Buchan sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $4.46, for a total value of $44,600.00. Following the sale, the director now directly owns 6,013 shares of the company’s stock, valued at $26,817.98. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Alpha Pro Tech Stock Down 0.7 %

APT opened at $4.28 on Friday. The stock’s fifty day moving average is $4.16 and its two-hundred day moving average is $4.06. The company has a market capitalization of $50.99 million, a P/E ratio of 17.83 and a beta of -0.77. Alpha Pro Tech, Ltd. has a 52 week low of $3.68 and a 52 week high of $5.24.

Alpha Pro Tech (NYSE:APT) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.10 EPS for the quarter. The company had revenue of $16.12 million for the quarter. Alpha Pro Tech had a return on equity of 4.50% and a net margin of 4.86%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Alpha Pro Tech by 10.1% in the 1st quarter. Vanguard Group Inc. now owns 579,446 shares of the company’s stock valued at $2,434,000 after acquiring an additional 53,003 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Alpha Pro Tech by 6.4% in the 1st quarter. Renaissance Technologies LLC now owns 650,063 shares of the company’s stock valued at $2,730,000 after acquiring an additional 38,900 shares during the period. State Street Corp increased its holdings in shares of Alpha Pro Tech by 7.5% in the 1st quarter. State Street Corp now owns 50,028 shares of the company’s stock valued at $210,000 after acquiring an additional 3,487 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Alpha Pro Tech by 38,157.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 15,303 shares of the company’s stock valued at $68,000 after acquiring an additional 15,263 shares during the period. Finally, PDT Partners LLC increased its holdings in shares of Alpha Pro Tech by 48.7% in the 2nd quarter. PDT Partners LLC now owns 20,918 shares of the company’s stock valued at $93,000 after acquiring an additional 6,850 shares during the period. 20.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Alpha Pro Tech in a research note on Friday, August 25th. They set a “strong-buy” rating for the company.

Alpha Pro Tech Company Profile

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 two segments, Disposable Protective Apparel and Building Supply.