Teton Advisors Inc. Sells 6,000 Shares of Kimball Electronics Inc (KE)

Share on StockTwits

Teton Advisors Inc. reduced its position in Kimball Electronics Inc (NASDAQ:KE) by 5.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 110,000 shares of the electronics maker’s stock after selling 6,000 shares during the quarter. Teton Advisors Inc.’s holdings in Kimball Electronics were worth $2,162,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Tower Research Capital LLC TRC grew its stake in shares of Kimball Electronics by 1,128.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,251 shares of the electronics maker’s stock worth $115,000 after purchasing an additional 5,742 shares during the period. Adviser Investments LLC acquired a new position in shares of Kimball Electronics during the 2nd quarter worth $117,000. First Trust Advisors LP grew its stake in shares of Kimball Electronics by 18.0% during the 2nd quarter. First Trust Advisors LP now owns 30,252 shares of the electronics maker’s stock worth $554,000 after purchasing an additional 4,611 shares during the period. Raymond James & Associates grew its stake in shares of Kimball Electronics by 16.1% during the 2nd quarter. Raymond James & Associates now owns 37,429 shares of the electronics maker’s stock worth $685,000 after purchasing an additional 5,183 shares during the period. Finally, Strs Ohio grew its stake in shares of Kimball Electronics by 9.9% during the 2nd quarter. Strs Ohio now owns 40,100 shares of the electronics maker’s stock worth $733,000 after purchasing an additional 3,600 shares during the period. 60.02% of the stock is currently owned by institutional investors.

Kimball Electronics stock opened at $19.01 on Tuesday. Kimball Electronics Inc has a 52 week low of $15.75 and a 52 week high of $21.15. The stock has a market capitalization of $508.30 million, a P/E ratio of 14.82 and a beta of 1.04.

Separately, BidaskClub upgraded shares of Kimball Electronics from a “sell” rating to a “hold” rating in a research report on Friday, October 5th.

TRADEMARK VIOLATION WARNING: “Teton Advisors Inc. Sells 6,000 Shares of Kimball Electronics Inc (KE)” was first reported by Macon Daily and is owned by of Macon Daily. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://macondaily.com/2018/11/06/teton-advisors-inc-sells-6000-shares-of-kimball-electronics-inc-ke.html.

Kimball Electronics Company Profile

Kimball Electronics, Inc, a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services.

Featured Article: Why is Cost of Capital Important?

Want to see what other hedge funds are holding KE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimball Electronics Inc (NASDAQ:KE).

Institutional Ownership by Quarter for Kimball Electronics (NASDAQ:KE)

Receive News & Ratings for Kimball Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimball Electronics and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply