FMR LLC boosted its position in shares of National Presto Industries, Inc. (NYSE:NPK - Free Report) by 1,362.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,331 shares of the conglomerate's stock after acquiring an additional 5,898 shares during the period. FMR LLC owned 0.09% of National Presto Industries worth $476,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of NPK. nVerses Capital LLC purchased a new stake in shares of National Presto Industries during the third quarter worth about $30,000. Point72 DIFC Ltd grew its holdings in National Presto Industries by 264.9% during the 2nd quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate's stock valued at $55,000 after buying an additional 535 shares in the last quarter. Central Pacific Bank Trust Division raised its position in shares of National Presto Industries by 42.9% during the third quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate's stock valued at $75,000 after buying an additional 300 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of National Presto Industries in the third quarter worth $193,000. Finally, Algert Global LLC bought a new position in shares of National Presto Industries during the second quarter worth $212,000. 58.57% of the stock is currently owned by institutional investors.
National Presto Industries Trading Up 1.3 %
NYSE:NPK traded up $1.19 during midday trading on Thursday, hitting $92.75. 58,360 shares of the company traded hands, compared to its average volume of 39,285. The firm has a market capitalization of $658.53 million, a P/E ratio of 19.53 and a beta of 0.59. The firm's fifty day moving average is $79.04 and its 200-day moving average is $75.95. National Presto Industries, Inc. has a 12-month low of $69.58 and a 12-month high of $93.70.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered National Presto Industries from a "buy" rating to a "hold" rating in a research note on Tuesday, December 3rd.
Read Our Latest Research Report on National Presto Industries
About National Presto Industries
(
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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