SG Americas Securities LLC cut its stake in shares of National Presto Industries, Inc. (NYSE:NPK – Free Report) by 50.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,269 shares of the conglomerate’s stock after selling 1,299 shares during the period. SG Americas Securities LLC’s holdings in National Presto Industries were worth $125,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in NPK. Sanctuary Advisors LLC acquired a new stake in shares of National Presto Industries during the second quarter worth $267,000. Exchange Traded Concepts LLC grew its stake in National Presto Industries by 12.6% in the third quarter. Exchange Traded Concepts LLC now owns 22,942 shares of the conglomerate’s stock valued at $1,724,000 after acquiring an additional 2,571 shares during the period. nVerses Capital LLC acquired a new position in National Presto Industries in the third quarter valued at about $30,000. International Assets Investment Management LLC grew its stake in National Presto Industries by 7,414.0% in the third quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock valued at $1,694,000 after acquiring an additional 22,242 shares during the period. Finally, Atria Investments Inc grew its stake in National Presto Industries by 58.2% in the third quarter. Atria Investments Inc now owns 6,011 shares of the conglomerate’s stock valued at $452,000 after acquiring an additional 2,211 shares during the period. 58.57% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com cut National Presto Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.
National Presto Industries Trading Up 0.6 %
NYSE:NPK opened at $96.22 on Wednesday. National Presto Industries, Inc. has a 1 year low of $69.58 and a 1 year high of $99.50. The stock has a market cap of $683.17 million, a price-to-earnings ratio of 20.26 and a beta of 0.53. The stock has a 50-day moving average price of $95.43 and a two-hundred day moving average price of $82.16.
National Presto Industries Company 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.
Further Reading
- Five stocks we like better than National Presto Industries
- Insider Buying Explained: What Investors Need to Know
- META Stock: Insider Selling Ramps Up—What It Means for Investors
- Manufacturing Stocks Investing
- 3 Chip Stocks Still Trading 50% Below Their 52-Week Highs
- Upcoming IPO Stock Lockup Period, Explained
- U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?
Want to see what other hedge funds are holding NPK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Presto Industries, Inc. (NYSE:NPK – Free Report).
Receive News & Ratings for National Presto Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Presto Industries and related companies with MarketBeat.com's FREE daily email newsletter.