Ampco-Pittsburgh Corp (NYSE:AP) Shares Sold by Teton Advisors Inc.

Teton Advisors Inc. lessened its holdings in shares of Ampco-Pittsburgh Corp (NYSE:AP) by 7.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 460,000 shares of the industrial products company’s stock after selling 35,000 shares during the quarter. Teton Advisors Inc. owned about 3.68% of Ampco-Pittsburgh worth $1,854,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AP. Gamco Investors INC. ET AL raised its position in shares of Ampco-Pittsburgh by 3.0% during the first quarter. Gamco Investors INC. ET AL now owns 1,463,658 shares of the industrial products company’s stock worth $4,830,000 after purchasing an additional 42,533 shares during the period. Gabelli Funds LLC raised its position in shares of Ampco-Pittsburgh by 2.5% during the first quarter. Gabelli Funds LLC now owns 464,800 shares of the industrial products company’s stock worth $1,534,000 after purchasing an additional 11,373 shares during the period. Bank of New York Mellon Corp raised its position in shares of Ampco-Pittsburgh by 26.0% during the fourth quarter. Bank of New York Mellon Corp now owns 103,768 shares of the industrial products company’s stock worth $322,000 after purchasing an additional 21,443 shares during the period. Deutsche Bank AG raised its position in shares of Ampco-Pittsburgh by 1,712.3% during the fourth quarter. Deutsche Bank AG now owns 16,800 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 15,873 shares during the period. Finally, BlackRock Inc. raised its position in shares of Ampco-Pittsburgh by 1.4% during the fourth quarter. BlackRock Inc. now owns 222,387 shares of the industrial products company’s stock worth $689,000 after purchasing an additional 3,031 shares during the period. Institutional investors own 44.32% of the company’s stock.

In other Ampco-Pittsburgh news, major shareholder Louis Berkman Investment Co purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were purchased at an average cost of $4.31 per share, with a total value of $43,100.00. Following the completion of the transaction, the insider now owns 1,307,017 shares of the company’s stock, valued at $5,633,243.27. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 13.90% of the stock is currently owned by insiders.

Shares of Ampco-Pittsburgh stock traded down $0.10 on Monday, reaching $3.73. 3,449 shares of the company were exchanged, compared to its average volume of 18,028. The stock has a fifty day moving average price of $3.81 and a 200-day moving average price of $3.74. The company has a quick ratio of 0.93, a current ratio of 1.52 and a debt-to-equity ratio of 0.78. Ampco-Pittsburgh Corp has a fifty-two week low of $2.79 and a fifty-two week high of $8.05.

About Ampco-Pittsburgh

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products to commercial and industrial users in the United States and internationally. The company operates in two segments, Forged and Cast Engineered Products; and Air and Liquid Processing.

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Institutional Ownership by Quarter for Ampco-Pittsburgh (NYSE:AP)

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