Gentex Corp (NASDAQ: GNTX) is -23.18% lower on its value in year-to-date trading and has touched a low of $20.28 and a high of $35.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GNTX stock was last observed hovering at around $21.72 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $22.07, the stock is 1.03% and 1.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 1.61% at the moment leaves the stock -16.74% off its SMA200. GNTX registered -36.03% loss for a year compared to 6-month loss of -28.60%.
The stock witnessed a -2.65% gain in the last 1 month and extending the period to 3 months gives it a -8.57%, and is 1.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 1.53% over the month.
Gentex Corp (GNTX) has around 6184 employees, a market worth around $4.96B and $2.30B in sales. Current P/E ratio is 12.94 and Fwd P/E is 12.08. Profit margin for the company is 16.77%. Distance from 52-week low is 8.83% and -37.51% from its 52-week high. The company has generated returns on investments over the last 12 months (15.57%).
The EPS is expected to shrink by -7.97% this year.
Gentex Corp (GNTX) Top Institutional Holders
The shares outstanding are 224.82M, and float is at 223.68M with Short Float at 3.57%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.04 million shares valued at $742.91 million. The investor’s holdings represent 9.6689% of the GNTX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.86 million shares valued at $703.22 million to account for 9.1523 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 20.68 million shares representing 9.0723% and valued at over $697.07 million, while EDGEPOINT INVESTMENT GROUP INC. holds 3.3293 of the shares totaling 7.59 million with a market value of $255.81 million.
Gentex Corp (GNTX) Insider Activity
The most recent transaction is an insider sale by ANDERSON JOSEPH B JR, the company’s Director. SEC filings show that ANDERSON JOSEPH B JR sold 3,764 shares of the company’s common stock on May 16 ’25 at a price of $22.87 per share for a total of $86076.0. Following the sale, the insider now owns 5939.0 shares.
Gentex Corp disclosed in a document filed with the SEC on Aug 23 ’24 that GENTEX CORP (10% Owner) bought a total of 3,152,500 shares of the company’s common stock. The trade occurred on Aug 23 ’24 and was made at $5.00 per share for $15.76 million. Following the transaction, the insider now directly holds 6.46 million shares of the GNTX stock.
