Company Shares of Gentex Corporation Drops by -0.81%

Gentex Corporation (NASDAQ:GNTX) has tumbled 0.81% during the past week and has dropped 0.06% in the last 4 week period. The company has outperformed the S&P 500 by 0.38% in the past week but underperformed the index by 0.98% in the last 4 weeks.

Gentex Corporation (NASDAQ:GNTX): The stock opened at $15.82 on Friday but the bulls could not build on the opening and the stock topped out at $16.01 for the day. The stock traded down to $15.77 during the day, due to lack of any buying support eventually closed down at $15.85 with a loss of -0.06% for the day. The stock had closed at $15.86 on the previous day. The total traded volume was 2,324,768 shares.

The company shares have dropped -6.76% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $17.40 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $16.12 and the 200 Day Moving Average price is recorded at $15.36.

On the companys insider trading activities,The (Chairman of the Board & CEO) of Gentex Corp, Bauer Fred sold 351,700 shares at $16.45 on June 7, 2016. The Insider selling transaction had a total value worth of $5,785,465. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Currently the company Insiders own 2.9% of Gentex Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.34% . Institutional Investors own 88.71% of Gentex Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -9.36%.

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 Companys 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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