National Presto Industries, Inc. (NYSE:NPK) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its stake in shares of National Presto Industries, Inc. (NYSE:NPK) by 7.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,014 shares of the conglomerate’s stock after selling 346 shares during the period. Thrivent Financial for Lutherans owned approximately 0.06% of National Presto Industries worth $302,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. nVerses Capital LLC bought a new stake in shares of National Presto Industries in the 3rd quarter worth approximately $30,000. Point72 DIFC Ltd increased its holdings in shares of National Presto Industries by 264.9% in the second 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. Mather Group LLC. acquired a new stake in shares of National Presto Industries during the 2nd quarter valued at $68,000. Central Pacific Bank Trust Division boosted its stake in shares of National Presto Industries by 42.9% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate’s stock worth $75,000 after acquiring an additional 300 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of National Presto Industries in the 3rd quarter worth $193,000. 58.57% of the stock is currently owned by institutional investors.

National Presto Industries Price Performance

Shares of NPK opened at $88.52 on Friday. The company has a 50-day moving average of $75.89 and a two-hundred day moving average of $74.99. The stock has a market cap of $628.49 million, a price-to-earnings ratio of 18.64 and a beta of 0.59. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $88.54.

Analyst Ratings Changes

Separately, StockNews.com downgraded National Presto Industries from a “buy” rating to a “hold” rating in a report on Tuesday.

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.