Needham Investment Management LLC Boosts Stake in Alpha Pro Tech, Ltd. (NYSE:APT)

Needham Investment Management LLC boosted its stake in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 610,000 shares of the company’s stock after purchasing an additional 7,500 shares during the period. Needham Investment Management LLC owned about 0.06% of Alpha Pro Tech worth $3,477,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Inspire Advisors LLC bought a new position in shares of Alpha Pro Tech in the third quarter worth about $326,000. Renaissance Technologies LLC raised its stake in Alpha Pro Tech by 1.3% during the 2nd quarter. Renaissance Technologies LLC now owns 632,375 shares of the company’s stock worth $3,478,000 after acquiring an additional 8,316 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Alpha Pro Tech by 37.0% during the second quarter. Dimensional Fund Advisors LP now owns 125,018 shares of the company’s stock valued at $688,000 after purchasing an additional 33,782 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Alpha Pro Tech by 32.9% in the second quarter. Acadian Asset Management LLC now owns 159,825 shares of the company’s stock worth $877,000 after purchasing an additional 39,529 shares during the period. Finally, Linden Thomas Advisory Services LLC increased its stake in shares of Alpha Pro Tech by 2.2% in the second quarter. Linden Thomas Advisory Services LLC now owns 163,644 shares of the company’s stock worth $900,000 after purchasing an additional 3,511 shares in the last quarter. Institutional investors own 22.69% of the company’s stock.

Insider Buying and Selling

In other Alpha Pro Tech news, Director David R. Garcia sold 5,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $5.48, for a total value of $27,400.00. Following the sale, the director now owns 9,413 shares in the company, valued at $51,583.24. The trade was a 34.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 14.00% of the stock is owned by insiders.

Alpha Pro Tech Price Performance

Shares of NYSE APT traded up $0.37 during mid-day trading on Tuesday, reaching $5.14. The company’s stock had a trading volume of 9,050 shares, compared to its average volume of 48,207. Alpha Pro Tech, Ltd. has a 52 week low of $4.64 and a 52 week high of $6.92. The stock has a fifty day moving average of $5.60 and a two-hundred day moving average of $5.58. The firm has a market capitalization of $56.54 million, a PE ratio of 13.95 and a beta of -0.73.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Alpha Pro Tech from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 7th.

About Alpha Pro Tech

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.