New insider activity at Alpha Pro Tech ( (APT) ) has taken place on March 21, 2025.
Director John Ritota has recently sold 9,413 shares of Alpha Pro Tech stock, amounting to a total transaction value of $48,382.
Recent Updates on APT stock
Alpha Pro Tech, Ltd. reported its Q4 and full-year 2024 financial results, revealing a 5.5% decrease in net sales to $57.8 million and a decline in net income to $3.9 million. The Building Supply segment experienced a notable drop in sales due to decreased demand and increased competition, while the Disposable Protective Apparel segment showed resilience with a 5% sales increase, driven by new distribution agreements. Despite a decrease in gross profit for the fourth quarter, the company improved its gross profit margin slightly to 39.6% in 2024. Alpha Pro Tech maintains a strong balance sheet with $18.6 million in cash and no debt, enabling continued investment in growth initiatives. The management remains optimistic about future growth, anticipating increased housing starts in 2025 to boost the Building Supply segment and continued growth in the Disposable Protective Apparel segment through strategic partnerships and market expansion.
More about Alpha Pro Tech
YTD Price Performance: -4.46%
Average Trading Volume: 31,752
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $55.24M