Algert Global LLC lifted its holdings in National Presto Industries, Inc. (NYSE:NPK - Free Report) by 652.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,234 shares of the conglomerate's stock after purchasing an additional 18,411 shares during the quarter. Algert Global LLC owned about 0.30% of National Presto Industries worth $1,596,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new stake in National Presto Industries during the 3rd quarter worth about $30,000. Point72 DIFC Ltd lifted its holdings in shares of National Presto Industries by 264.9% during the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate's stock worth $55,000 after purchasing an additional 535 shares during the period. Mather Group LLC. purchased a new stake in National Presto Industries in the second quarter valued at approximately $68,000. Central Pacific Bank Trust Division increased its holdings in National Presto Industries by 42.9% in the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate's stock worth $75,000 after buying an additional 300 shares during the period. Finally, SG Americas Securities LLC purchased a new position in National Presto Industries during the 3rd quarter worth approximately $193,000. 58.57% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, StockNews.com raised shares of National Presto Industries from a "hold" rating to a "buy" rating in a report on Thursday, September 26th.
View Our Latest Research Report on National Presto Industries
National Presto Industries Trading Up 0.1 %
NPK traded up $0.06 during midday trading on Thursday, hitting $78.58. 37,537 shares of the company were exchanged, compared to its average volume of 38,754. The company's 50 day simple moving average is $74.67 and its 200 day simple moving average is $74.82. The firm has a market capitalization of $557.92 million, a price-to-earnings ratio of 16.53 and a beta of 0.57. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $86.08.
National Presto Industries Company Profile
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Free Report)
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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