Insider Selling: Alpha Pro Tech (NYSE:APT) Director Sells 21,943 Shares of Stock

Alpha Pro Tech, Ltd. (NYSE:APT) Director Charles Montgomery sold 21,943 shares of the company’s stock in a transaction dated Monday, September 28th. The stock was sold at an average price of $5.04, for a total transaction of $110,592.72. Following the completion of the transaction, the director owned 25,281 shares in the company, valued at approximately $127,416.24. The trade was a 46.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Alpha Pro Tech Stock Down 1.9%

APT stock traded down $0.10 during trading on Wednesday, hitting $5.12. The company had a trading volume of 10,196 shares, compared to its average volume of 56,706. Alpha Pro Tech, Ltd. has a 52-week low of $4.34 and a 52-week high of $7.50. The company has a 50 day simple moving average of $5.20 and a 200-day simple moving average of $5.18. The firm has a market capitalization of $52.25 million, a P/E ratio of 13.84 and a beta of 0.91.

Institutional Trading of Alpha Pro Tech

Institutional investors and hedge funds have recently modified their holdings of the stock. Needham Investment Management LLC raised its stake in shares of Alpha Pro Tech by 1.2% during the fourth quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock valued at $2,853,000 after acquiring an additional 7,500 shares in the last quarter. Renaissance Technologies LLC grew its stake in Alpha Pro Tech by 4.0% in the first quarter. Renaissance Technologies LLC now owns 544,072 shares of the company’s stock worth $2,416,000 after purchasing an additional 21,100 shares in the last quarter. Finally, BlackRock Inc. bought a new position in Alpha Pro Tech in the second quarter worth approximately $1,566,000. Institutional investors own 22.69% of the company’s stock.

About Alpha Pro Tech

Alpha Pro Tech, Ltd. develops, manufactures and markets disposable protective products and building-supply materials for commercial, industrial, medical and consumer applications. The company serves customers through a combination of in-house manufacturing and distribution operations.

Its Disposable Protective Apparel and Infection Control products include protective coveralls, gowns, face masks, shoe and boot covers, bouffant caps, beard covers and other single-use apparel. These products are used in healthcare, pharmaceutical, laboratory, cleanroom, food-processing and industrial environments.

Through its Building Supply segment, Alpha Pro Tech offers weatherization products such as housewrap, synthetic roofing underlayment, flashing materials and related construction accessories.