Beaver Hollow Wellness, Llc Sells 12,362 Shares of Servotronics, Inc. (NYSEAMERICAN:SVT) Stock

Servotronics, Inc. (NYSEAMERICAN:SVT) major shareholder Beaver Hollow Wellness, Llc sold 12,362 shares of the firm’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $12.54, for a total transaction of $155,019.48. Following the completion of the sale, the insider now owns 449,545 shares of the company’s stock, valued at approximately $5,637,294.30. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Beaver Hollow Wellness, Llc also recently made the following trade(s):

• On Monday, April 8th, Beaver Hollow Wellness, Llc sold 7,500 shares of Servotronics stock. The stock was sold at an average price of $12.25, for a total transaction of $91,875.00.
• On Friday, April 5th, Beaver Hollow Wellness, Llc sold 600 shares of Servotronics stock. The stock was sold at an average price of $12.33, for a total transaction of $7,398.00.
• On Monday, March 25th, Beaver Hollow Wellness, Llc sold 11,638 shares of Servotronics stock. The stock was sold at an average price of $12.50, for a total transaction of $145,475.00.

Servotronics Stock Up 6.2 %

SVT stock opened at $12.85 on Thursday. Servotronics, Inc. has a one year low of $8.80 and a one year high of $14.32. The firm has a market capitalization of $32.64 million, a PE ratio of -2.93 and a beta of 0.63.

Servotronics (NYSEAMERICAN:SVT) last released its earnings results on Friday, March 22nd. The conglomerate reported $0.15 EPS for the quarter. Servotronics had a negative net margin of 23.77% and a negative return on equity of 16.05%. The company had revenue of $12.34 million during the quarter.

Institutional Trading of Servotronics

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oppenheimer & Close LLC lifted its stake in shares of Servotronics by 93.1% in the third quarter. Oppenheimer & Close LLC now owns 88,613 shares of the conglomerate’s stock valued at $976,000 after purchasing an additional 42,713 shares during the period. Vanguard Group Inc. lifted its stake in shares of Servotronics by 186.4% in the fourth quarter. Vanguard Group Inc. now owns 79,194 shares of the conglomerate’s stock valued at $990,000 after purchasing an additional 51,544 shares during the period. Finally, Courier Capital LLC acquired a new stake in shares of Servotronics in the first quarter valued at about $106,000. Institutional investors and hedge funds own 24.77% of the company’s stock.

About Servotronics

Servotronics, Inc designs, manufactures, and markets control components and consumer products in the United States and internationally. It operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets.