Gentex Corp’s filing revealed that its Director ANDERSON JOSEPH B JR unloaded Company’s shares for reported $86076.0 on May 16 ’25. In the deal valued at $22.87 per share,3,764 shares were sold. As a result of this transaction, ANDERSON JOSEPH B JR now holds 5,939 shares worth roughly $0.13 million.
Then, GENTEX CORP bought 3,152,500 shares, generating $15,762,500 in total proceeds. Upon buying the shares at $5.00, the 10% Owner now owns 6,463,808 shares.
UBS initiated its Gentex Corp [GNTX] rating to a Neutral in a research note published on September 04, 2024; the price target was $34. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Neutral”. BofA Securities also remained covering GNTX and has increased its forecast on July 06, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman revised its rating on December 14, 2022. It rated GNTX as “a Neutral” which previously was an “a Sell”.
Price Performance Review of GNTX
On Tuesday, Gentex Corp [NASDAQ:GNTX] saw its stock jump 0.75% to $21.41. Over the last five days, the stock has lost -2.68%. Gentex Corp shares have fallen nearly -25.48% since the year began. Nevertheless, the stocks have fallen -38.39% over the past one year. While a 52-week high of $35.32 was reached on 01/02/25, a 52-week low of $20.28 was recorded on 04/09/25. SMA at 50 days reached $22.18, while 200 days put it at $26.90.
Levels Of Support And Resistance For GNTX Stock
The 24-hour chart illustrates a support level at 21.17, which if violated will result in even more drops to 20.92. On the upside, there is a resistance level at 21.60. A further resistance level may holdings at 21.78. The Relative Strength Index (RSI) on the 14-day chart is 42.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.54%. Stochastics %K at 8.94% indicates the stock is a buying.
How much short interest is there in Gentex Corp?
A steep rise in short interest was recorded in Gentex Corp stocks on 2025-05-15, dropping by -0.47 million shares to a total of 7.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 8.22 million shares. There was a decline of -6.12%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 11, 2022 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating .
