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

Jane Street Group LLC reduced its position in shares of National Presto Industries, Inc. (NYSE:NPK) by 20.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,391 shares of the conglomerate’s stock after selling 7,777 shares during the period. Jane Street Group LLC owned approximately 0.43% of National Presto Industries worth $2,284,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its stake in shares of National Presto Industries by 1,362.1% during the 3rd quarter. FMR LLC now owns 6,331 shares of the conglomerate’s stock worth $476,000 after buying an additional 5,898 shares in the last quarter. International Assets Investment Management LLC raised its position in National Presto Industries by 7,414.0% in the third quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock worth $1,694,000 after acquiring an additional 22,242 shares in the last quarter. Algert Global LLC lifted its holdings in National Presto Industries by 652.2% in the third quarter. Algert Global LLC now owns 21,234 shares of the conglomerate’s stock valued at $1,596,000 after acquiring an additional 18,411 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of National Presto Industries during the 3rd quarter worth $340,000. Finally, Renaissance Technologies LLC increased its holdings in shares of National Presto Industries by 30.3% in the 2nd quarter. Renaissance Technologies LLC now owns 246,700 shares of the conglomerate’s stock valued at $18,535,000 after purchasing an additional 57,300 shares in the last quarter. 58.57% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

National Presto Industries Price Performance

NPK opened at $94.00 on Tuesday. National Presto Industries, Inc. has a 1-year low of $69.58 and a 1-year high of $94.38. The stock has a market cap of $667.40 million, a P/E ratio of 19.79 and a beta of 0.59. The stock’s 50 day simple moving average is $80.39 and its 200 day simple moving average is $76.37.

National Presto Industries Company 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.