Jane Street Group LLC Lowers Stock Position in National Presto Industries, Inc. (NYSE:NPK)

Jane Street Group LLC cut its holdings in National Presto Industries, Inc. (NYSE:NPK - Free Report) by 20.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,391 shares of the conglomerate's stock after selling 7,777 shares during the quarter. Jane Street Group LLC owned approximately 0.43% of National Presto Industries worth $2,284,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wallace Capital Management Inc. raised its stake in shares of National Presto Industries by 1.8% during the 3rd quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate's stock worth $2,730,000 after acquiring an additional 625 shares in the last quarter. Penn Mutual Asset Management increased its position in shares of National Presto Industries by 73.9% during the third quarter. Penn Mutual Asset Management now owns 7,825 shares of the conglomerate's stock worth $588,000 after purchasing an additional 3,325 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of National Presto Industries by 4.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate's stock valued at $6,091,000 after purchasing an additional 3,500 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of National Presto Industries by 6.6% in the 3rd quarter. HighTower Advisors LLC now owns 5,175 shares of the conglomerate's stock worth $398,000 after purchasing an additional 321 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. grew its stake in National Presto Industries by 190.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate's stock worth $111,000 after buying an additional 973 shares during the last quarter. Hedge funds and other institutional investors own 58.57% of the company's stock.

National Presto Industries Stock Up 1.8 %

Shares of National Presto Industries stock traded up $1.69 on Tuesday, reaching $95.69. 31,296 shares of the stock were exchanged, compared to its average volume of 39,808. National Presto Industries, Inc. has a twelve month low of $69.58 and a twelve month high of $96.32. The firm has a market capitalization of $679.40 million, a price-to-earnings ratio of 20.15 and a beta of 0.59. The business has a 50 day moving average price of $80.83 and a two-hundred day moving average price of $76.52.

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.

About National Presto Industries

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.