Charles Schwab Investment Management Inc. Sells 11,681 Shares of National Presto Industries, Inc. (NYSE:NPK)

Charles Schwab Investment Management Inc. decreased its stake in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 14.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,548 shares of the conglomerate's stock after selling 11,681 shares during the period. Charles Schwab Investment Management Inc. owned 0.94% of National Presto Industries worth $5,000,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new position in National Presto Industries in the 3rd quarter worth approximately $340,000. Atria Investments Inc raised its position in shares of National Presto Industries by 58.2% during the third quarter. Atria Investments Inc now owns 6,011 shares of the conglomerate's stock worth $452,000 after acquiring an additional 2,211 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of National Presto Industries by 7,414.0% during 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. nVerses Capital LLC bought a new position in National Presto Industries in the third quarter valued at about $30,000. Finally, Exchange Traded Concepts LLC increased its position 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 worth $1,724,000 after purchasing an additional 2,571 shares during the period. Institutional investors and hedge funds own 58.57% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of National Presto Industries from a "buy" rating to a "hold" rating in a research report on Tuesday, December 3rd.

National Presto Industries Stock Up 0.9 %

NYSE NPK traded up $0.86 during trading hours on Friday, hitting $92.98. The company's stock had a trading volume of 32,417 shares, compared to its average volume of 39,164. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $93.11. The firm has a market capitalization of $660.16 million, a P/E ratio of 19.57 and a beta of 0.59. The stock has a fifty day moving average of $77.74 and a 200 day moving average of $75.56.

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.