Sanctuary Advisors LLC acquired a new stake in National Presto Industries, Inc. (NYSE:NPK – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,219 shares of the conglomerate’s stock, valued at approximately $267,000.
A number of other hedge funds also recently made changes to their positions in NPK. Point72 DIFC Ltd lifted its position 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 during the last quarter. Mather Group LLC. acquired a new stake in shares of National Presto Industries in the second quarter valued at approximately $68,000. SG Americas Securities LLC acquired a new stake in shares of National Presto Industries in the first quarter valued at approximately $137,000. EntryPoint Capital LLC acquired a new stake in shares of National Presto Industries in the first quarter valued at approximately $152,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of National Presto Industries in the first quarter valued at approximately $210,000. 58.57% of the stock is owned by institutional investors and hedge funds.
National Presto Industries Price Performance
National Presto Industries stock opened at $74.33 on Friday. The stock’s fifty day moving average price is $74.16 and its two-hundred day moving average price is $76.16. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $86.08. The firm has a market cap of $527.59 million, a PE ratio of 16.41 and a beta of 0.57.
Analysts Set New Price Targets
Separately, StockNews.com raised National Presto Industries from a “hold” rating to a “buy” rating in a report on Thursday, September 26th.
Read Our Latest Stock Analysis on National Presto Industries
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.
Featured Articles
- Five stocks we like better than National Presto Industries
- What is the Dogs of the Dow Strategy? Overview and Examples
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for National Presto Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Presto Industries and related companies with MarketBeat.com's FREE daily email newsletter.