National Presto Industries, Inc. (NYSE:NPK) Shares Bought by Algert Global LLC

Algert Global LLC increased its position in National Presto Industries, Inc. (NYSE:NPK) by 652.2% in the 3rd quarter, Holdings Channel reports. The firm owned 21,234 shares of the conglomerate’s stock after buying an additional 18,411 shares during the period. Algert Global LLC’s holdings in National Presto Industries were worth $1,596,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its stake in National Presto Industries by 30.3% in the second quarter. Renaissance Technologies LLC now owns 246,700 shares of the conglomerate’s stock valued at $18,535,000 after buying an additional 57,300 shares during the last quarter. International Assets Investment Management LLC raised its position in National Presto Industries by 7,414.0% in the 3rd quarter. International Assets Investment Management LLC now owns 22,542 shares of the conglomerate’s stock valued at $1,694,000 after purchasing an additional 22,242 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in National Presto Industries by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 344,347 shares of the conglomerate’s stock worth $25,871,000 after purchasing an additional 16,288 shares during the period. Susquehanna Fundamental Investments LLC purchased a new position in National Presto Industries during the 2nd quarter worth $357,000. Finally, GSA Capital Partners LLP acquired a new position in National Presto Industries in the third quarter valued at $340,000. Hedge funds and other institutional investors own 58.57% of the company’s stock.

National Presto Industries Stock Performance

Shares of National Presto Industries stock opened at $78.52 on Thursday. National Presto Industries, Inc. has a one year low of $69.58 and a one year high of $86.08. The company has a market cap of $557.49 million, a P/E ratio of 16.53 and a beta of 0.57. The firm has a fifty day moving average of $74.61 and a two-hundred day moving average of $74.79.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded National Presto Industries from a “hold” rating to a “buy” rating in a research note on Thursday, September 26th.

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.