Longbow Research Sticks to Its Hold Rating for Gentex (GNTX)

By Ryan Adsit

Longbow Research analyst Anthony Deem maintained a Hold rating on Gentex (GNTXResearch Report) on July 3. The company’s shares closed on Friday at $24.38, close to its 52-week high of $25.

According to TipRanks.com, Deem ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -10.6% and a 29.7% success rate. Deem covers the Industrial Goods sector, focusing on stocks such as Visteon Corp, Veoneer Inc, and Adient plc.

Gentex has an analyst consensus of Moderate Buy, with a price target consensus of $26.

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The company has a one-year high of $25 and a one-year low of $17.80. Currently, Gentex has an average volume of 1.42M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. Most recently, in April 2019, Gary Goode, a Director at GNTX sold 12,000 shares for a total of $278,400.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.