Gentex Corp (GNTX) Files Form 4 Insider Selling : Fred Bauer Sells 266,300 Shares

Gentex Corp (GNTX): Fred Bauer , Chairman of the Board & CEO of Gentex Corp sold 266,300 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $16.41 per share for a total value of $4,371,658.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Joseph E Iv Matthews (Vice President Purchasing) sold 2,140 shares at $16.50 per share price.On Dec 29, 2015, Scott P Ryan (General Counsel) sold 2,000 shares at $16.31 per share price.Also, On Nov 12, 2015, Fred Bauer (Chairman of the Board & CEO) sold 762,000 shares at $16.43 per share price.On Nov 6, 2015, John A Mulder (director) sold 6,000 shares at $16.61 per share price.

Shares of Gentex Corporation (GNTX) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -1.33% at $16.36 with 15,36,677 shares getting traded. Post opening the session at $16.5, the shares hit an intraday low of $16.28 and an intraday high of $16.54 and the price vacillated in this range throughout the day. The company has a market cap of $4,725 M and the number of outstanding shares has been calculated to be 28,88,32,800 shares. The 52-week high of Gentex Corporation is $17.54 and the 52-week low is $12.93.

Gentex Corporation Money Flow Index Chart

On May 19, 2016, Gentex Corporation announced a cash dividend of $0.0900. The company’s management has announced Jul 5, 2016 as the ex-dividend date and fixed the record date on Jul 7, 2016. The payable date has been fixed on Jul 20, 2016.

Gentex Corporation designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry dimmable aircraft windows for the aviation industry and commercial smoke alarms and signaling devices for the fire protection industry. The Company’s business involves designing developing manufacturing and marketing interior and exterior auto-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. It also designs develops and manufactures various electronics features that are additive to the interior and exterior automotive rearview mirrors as well as interior visors and overhead consoles. The Company ships its product to all of the automotive producing regions across the world.

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