National Presto Industries, Inc. (NYSE:NPK) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its holdings in National Presto Industries, Inc. (NYSE:NPK) by 20.4% during the 3rd quarter, Holdings Channel reports. The firm owned 30,391 shares of the conglomerate’s stock after selling 7,777 shares during the period. Jane Street Group LLC’s holdings in National Presto Industries were worth $2,284,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in National Presto Industries by 5.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 344,347 shares of the conglomerate’s stock valued at $25,871,000 after buying an additional 16,288 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of 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 acquiring an additional 57,300 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of National Presto Industries by 4.5% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 81,058 shares of the conglomerate’s stock valued at $6,091,000 after acquiring an additional 3,500 shares in the last quarter. Wallace Capital Management Inc. boosted its stake in shares of National Presto Industries by 1.8% during the third quarter. Wallace Capital Management Inc. now owns 36,336 shares of the conglomerate’s stock valued at $2,730,000 after acquiring an additional 625 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its position in National Presto Industries by 12.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 22,942 shares of the conglomerate’s stock worth $1,724,000 after purchasing an additional 2,571 shares in the last quarter. 58.57% of the stock is owned by hedge funds and other institutional investors.

National Presto Industries Stock Performance

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

Analysts Set New Price Targets

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

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.