3,554 Shares in National Presto Industries, Inc. $NPK Purchased by Cubist Systematic Strategies LLC

Key Points

• Cubist Systematic Strategies LLC has acquired a new position in National Presto Industries, purchasing 3,554 shares valued at approximately $312,000.
• Approximately 58.57% of National Presto's stock is owned by institutional investors, indicating significant institutional interest in the conglomerate.
• National Presto Industries reported a $0.72 earnings per share and a revenue of $120.45 million for the last quarter, reflecting a strong financial performance.

Cubist Systematic Strategies LLC bought a new position in National Presto Industries, Inc. (NYSE:NPK - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,554 shares of the conglomerate's stock, valued at approximately $312,000.

Several other large investors also recently modified their holdings of NPK. Stifel Financial Corp bought a new stake in shares of National Presto Industries in the fourth quarter worth about $280,000. Northern Trust Corp boosted its position in National Presto Industries by 3.0% during the 4th quarter. Northern Trust Corp now owns 53,470 shares of the conglomerate's stock valued at $5,263,000 after acquiring an additional 1,547 shares in the last quarter. Ameriprise Financial Inc. boosted its position in National Presto Industries by 14.9% during the 4th quarter. Ameriprise Financial Inc. now owns 38,031 shares of the conglomerate's stock valued at $3,743,000 after acquiring an additional 4,928 shares in the last quarter. Deutsche Bank AG boosted its position in National Presto Industries by 19.7% during the 4th quarter. Deutsche Bank AG now owns 2,881 shares of the conglomerate's stock valued at $284,000 after acquiring an additional 475 shares in the last quarter. Finally, Graham Capital Management L.P. bought a new stake in National Presto Industries during the 4th quarter valued at approximately $258,000. 58.57% of the stock is owned by institutional investors.

National Presto Industries Stock Performance

National Presto Industries stock opened at $113.20 on Friday. The stock's 50 day simple moving average is $104.55 and its two-hundred day simple moving average is $94.44. The stock has a market cap of $809.27 million, a price-to-earnings ratio of 19.42 and a beta of 0.51. National Presto Industries, Inc. has a fifty-two week low of $69.80 and a fifty-two week high of $113.30.

National Presto Industries (NYSE:NPK - Get Free Report) last posted its quarterly earnings data on Friday, August 8th. The conglomerate reported $0.72 earnings per share for the quarter. The business had revenue of $120.45 million for the quarter. National Presto Industries had a return on equity of 11.42% and a net margin of 9.23%.

National Presto Industries Profile

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.

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