Today, a Director at Gentex (NASDAQ: GNTX), Richard Schaum, bought shares of GNTX for $114.9K.
This recent transaction increases Richard Schaum’s holding in the company by 125% to a total of $207.9K.
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Based on Gentex’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $455 million and quarterly net profit of $109 million. In comparison, last year the company earned revenue of $443 million and had a net profit of $88.54 million. GNTX’s market cap is $6.33B and the company has a P/E ratio of 14.71. Currently, Gentex has an average volume of 1.96M.
10 different firms, including B.Riley FBR and BMO Capital, currently also have a Buy rating on the stock. Starting in June 2018, GNTX received 4 Buy ratings in a row.
The insider sentiment on Gentex has been negative according to 29 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Gentex Corp. engages in the design, development, and manufacture of electro-optical products for the automotive, commercial building, and aircraft industries. Its revenue is derived from the production and sales of automotive products in the United States, Germany, and Japan.
