Alpha Pro Tech (NYSE:APT) Trading Down 0.4% - Here's Why

Key Points

• Alpha Pro Tech's stock price fell by 0.4% to $4.79 with trading volume decreasing 68% compared to its average session volume.
• Director James Buchan significantly reduced his stake in the company, selling 9,413 shares at an average price of $4.86, which represents a 66.51% decrease in his position.
• Institutional investors have shown activity in Alpha Pro Tech, with multiple funds acquiring new stakes, leading to 22.69% of the company’s stock now held by such investors.

Alpha Pro Tech, Ltd. (NYSE:APT - ) traded down 0.4% on Tuesday . The company traded as low as $4.75 and last traded at $4.79. 8,669 shares were traded during trading, a decline of 68% from the average session volume of 27,101 shares. The stock had previously closed at $4.81.

Alpha Pro Tech Price Performance

The stock has a 50 day moving average price of $4.78 and a 200-day moving average price of $4.68. The stock has a market capitalization of $50.17 million, a P/E ratio of 12.95 and a beta of 0.41.

Insider Transactions at Alpha Pro Tech

In related news, Director James Buchan sold 9,413 shares of Alpha Pro Tech stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $4.86, for a total value of $45,747.18. Following the completion of the sale, the director directly owned 4,740 shares in the company, valued at approximately $23,036.40. This trade represents a 66.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in APT. NewEdge Advisors LLC bought a new position in shares of Alpha Pro Tech in the second quarter worth about $74,000. Inspire Advisors LLC purchased a new stake in shares of Alpha Pro Tech during the second quarter valued at $274,000. James Investment Research Inc. purchased a new stake in Alpha Pro Tech in the second quarter valued at approximately $52,000. Jane Street Group LLC acquired a new stake in shares of Alpha Pro Tech in the first quarter worth $117,000. Finally, Linden Thomas Advisory Services LLC boosted its stake in shares of Alpha Pro Tech by 17.1% in the first quarter. Linden Thomas Advisory Services LLC now owns 187,610 shares of the company's stock worth $938,000 after buying an additional 27,457 shares during the last quarter. Hedge funds and other institutional investors own 22.69% of the company's stock.

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 Disposable Protective Apparel and Building Supply segments.

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