Gentex Corp (NASDAQ:GNTX) Big Money Sentiment Index Dropped in Q3 2018 to 0.98

Gentex Corporation (NASDAQ:GNTX) Corporate Logo

“Big money” Positions

“Big money sentiment for Gentex Corp (NASDAQ:GNTX) in Q3 2018 decreased to 0.98, revealed SEC filings. So its down -0.09, from 2018Q2’s 1.07. 168 active investment managers increased or opened new stock positions, while 171 sold and reduced equity positions in Gentex Corp so the sentiment dropped. These funds own 213.83 million shares, that’s down from 221.53 million shares in 2018Q2. Funds holding Gentex Corp in top 10 changed to 1 from 4 for a decrease of 3. In total 34 funds closed positions, 137 reduced and 118 increased. Also 50 funds bought new Gentex Corp stakes.

Biggest Gentex Corp Shareholders

Provident Investment Management Inc. owns 1.33 million shares in Gentex Corp as of Q3 2018. As of Q3 2018, 1.28 million shares of Gentex Corp are owned by Bernzott Capital Advisors. In addition, Birch Hill Investment Advisors Llc reported 1.96 million shares in Gentex Corp equivalent to 3.07% of its US long equity exposure. Sprott Inc. revealed 510,000 shares position in Gentex Corp. The Ohio-based fund North Point Portfolio Managers Corp Oh holds 681,387 shares or 2.49% of their US long equity exposure.

Gentex Corporation designs, develops, makes, and markets 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 worldwide.The company has $5.78 billion market cap. It offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and interior and exterior non-automatic-dimming rearview mirrors with electronic features for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, tier one automotive mirror manufacturers, and various aftermarket and accessory customers.13.19 is the P/E ratio. The firm also provides photoelectric smoke detectors and alarms, audible and visual signaling alarms, photoelectric smoke detectors and electrochemical carbon monoxide alarms, electrochemical carbon monoxide detectors and alarms, and bells and speakers for use in fire detection systems in office buildings, hotels, and other commercial and residential establishments.

The stock increased 0.41% or $0.09 during the last trading session, touching $22.06.Gentex Corporation has volume of 1.34 million shares. Since January 11, 2018 GNTX has risen 1.86% and is uptrending. GNTX outperformed the S&P 500 by 1.86%.

Gentex Corporation (NASDAQ:GNTX)’s earnings release is awaited by WallStreet on January, 30, as reported by RTT. The earnings per share diference is $0.11 or 33.33 % up from last years number. Previous year: $0.33; Analysts forcast: $0.44. If GNTX’s EPS is $0.44 the profit will hit $115.33 million for 12.53 P/E. After $0.42 EPS report last quarter, Wall Street now forecasts 4.76 % EPS growth of Gentex Corporation.

Jefferies Group Llc has 0.01% invested in Gentex Corporation (NASDAQ:GNTX) for 37,701 shs. Aperio Grp Limited Liability holds 90,986 shs. Ameritas Inv Ptnrs Inc owns 0.11% invested in Gentex Corporation (NASDAQ:GNTX) for 113,061 shs. Dana Investment Advisors invested in 52,370 shs. Signaturefd Ltd accumulated 238 shs. Aqr Capital Mngmt Limited Liability stated it has 0.01% of its capital in Gentex Corporation (NASDAQ:GNTX). Atria Investments Limited Liability Corp holds 0.03% of its capital in Gentex Corporation (NASDAQ:GNTX) for 40,768 shs. Strs Ohio, a Ohio-based fund reported 21,422 shs. Robecosam Ag stated it has 377,500 shs or 0.31% of all its holdings. Employees Retirement System Of Ohio invested in 467,274 shs or 0.05% of the stock. Dearborn Prtnrs Ltd Com accumulated 12,700 shs. Van Hulzen Asset Mngmt Limited Liability Corporation holds 0.07% or 12,000 shs in its capital. Franklin Resources holds 158,530 shs or 0% of its capital. Carroll Assoc reported 554 shs. Whittier Trust reported 0% of its capital in Gentex Corporation (NASDAQ:GNTX).

Gentex Corporation registered $630,580 net activity with 4 insider buys and 4 insider sales since September 27, 2018. 17,863 shs were sold by Downing Steven R, worth $384,498 on Thursday, September 27. 1,000 shs valued at $20,406 were bought by Starkoff Kathleen on Monday, October 22. $2,495 worth of Gentex Corporation (NASDAQ:GNTX) was bought by Chiodo Matthew. Boehm Neil also bought $320 worth of Gentex Corporation (NASDAQ:GNTX) on Friday, December 28. Ryan Scott P sold 2,852 shs worth $57,145.

Gentex Corporation (NASDAQ:GNTX) Ratings Coverage

In total 4 analysts cover Gentex (NASDAQ:GNTX). “Buy” rating has 1, “Sell” are 0, while 3 are “Hold”. 25% are bullish. 4 are the (NASDAQ:GNTX)’s analyst reports since October 22, 2018 according to StockzIntelligence Inc. On Monday, October 22 the firm earned “Outperform” rating by BMO Capital Markets. On Monday, October 22 the company was maintained by Robert W. Baird.

A couple more Gentex Corporation (NASDAQ:GNTX) news were brought out by: Nasdaq.com which released on December 21, 2018 “OSK vs. GNTX: Which Stock Is the Better Value Option? – Nasdaq”, also Globenewswire.com on December 17, 2018 brought out “Gentex Appoints Joe Matthews Diversity Officer Nasdaq:GNTX – GlobeNewswire”, the next Nasdaq.com is “Gentex Tech to be Featured on Rinspeed’s microSNAP Autonomous Vehicle Concept at CES – Nasdaq” on December 21, 2018. Globenewswire.com has article titled “Gentex Announces Fourth Quarter 2018 Cash Dividend Nasdaq:GNTX – GlobeNewswire”.

Gentex Corporation (NASDAQ:GNTX) Institutional Investors Chart

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