Essex Investment Management Co. LLC Sells 4,027 Shares of Alpha Pro Tech, Ltd. (NYSE:APT)

Essex Investment Management Co. LLC lowered its stake in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,793 shares of the company’s stock after selling 4,027 shares during the quarter. Essex Investment Management Co. LLC’s holdings in Alpha Pro Tech were worth $184,000 at the end of the most recent reporting period.

Separately, Needham Investment Management LLC grew its position in Alpha Pro Tech by 1.2% in the 3rd quarter. Needham Investment Management LLC now owns 610,000 shares of the company’s stock worth $3,477,000 after purchasing an additional 7,500 shares during the last quarter. Institutional investors own 22.69% of the company’s stock.

Alpha Pro Tech Trading Down 1.1 %

Shares of APT stock opened at $5.28 on Monday. Alpha Pro Tech, Ltd. has a 12 month low of $4.64 and a 12 month high of $6.92. The company has a market capitalization of $58.07 million, a P/E ratio of 14.27 and a beta of 0.64. The stock has a 50 day moving average of $5.43 and a two-hundred day moving average of $5.53.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Alpha Pro Tech in a research report on Tuesday, March 4th. They set a “buy” rating for the company.

Alpha Pro Tech Profile

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.