Lafleur Godfrey buys $6,918,909 stake in Gentex Corporation (GNTX)

Gentex Corporation (GNTX) : Lafleur Godfrey scooped up 1,805 additional shares in Gentex Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 382,683 shares of Gentex Corporation which is valued at $6,918,909.Gentex Corporation makes up approximately 1.95% of Lafleur Godfrey’s portfolio.

Other Hedge Funds, Including , Credit Agricole S A boosted its stake in GNTX in the latest quarter, The investment management firm added 32,265 additional shares and now holds a total of 52,318 shares of Gentex Corporation which is valued at $945,909.Janney Montgomery Scott boosted its stake in GNTX in the latest quarter, The investment management firm added 30,525 additional shares and now holds a total of 59,254 shares of Gentex Corporation which is valued at $1,048,796. Gentex Corporation makes up approx 0.02% of Janney Montgomery Scott’s portfolio.Congress Asset Management Co boosted its stake in GNTX in the latest quarter, The investment management firm added 2,890 additional shares and now holds a total of 245,280 shares of Gentex Corporation which is valued at $4,341,456. Gentex Corporation makes up approx 0.10% of Congress Asset Management Co’s portfolio. Tradelink Capital sold out all of its stake in GNTX during the most recent quarter. The investment firm sold 19,223 shares of GNTX which is valued $333,519.Weaver C. Barksdale Associates boosted its stake in GNTX in the latest quarter, The investment management firm added 48 additional shares and now holds a total of 440 shares of Gentex Corporation which is valued at $6,987. Gentex Corporation makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.

Gentex Corporation closed down -0.03 points or -0.17% at $18 with 25,76,312 shares getting traded on Friday. Post opening the session at $17.94, the shares hit an intraday low of $17.94 and an intraday high of $18.185 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Gentex Corporation reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $0.29. The company had revenue of $423.80 million for the quarter, compared to analysts expectations of $416.74 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

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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