<div id="readability-page-1"><p>AlphaQuest LLC reduced its position in  Gentex Corporation (NASDAQ:GNTX - Free Report) by 83.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 14,021 shares of the auto parts company's stock after selling 70,953 shares during the period. AlphaQuest LLC's holdings in Gentex were worth $397,000 as of its most recent filing with the SEC.</p><ul><li>Miso Robotics stock: Is an IPO coming soon?</li></ul><p>A number of other institutional investors have also recently bought and sold shares of GNTX. Addison Advisors LLC bought a new position in shares of  Gentex during the 2nd quarter worth approximately $25,000.  Mirae Asset Global Investments Co. Ltd. bought a new stake in  Gentex in the 3rd quarter valued at $38,000.  Grey Fox Wealth Advisors LLC acquired a new stake in  Gentex during the 3rd quarter valued at $65,000.  Steph &amp; Co. boosted its position in  Gentex by 30.5% during the third quarter. Steph &amp; Co. now owns 2,684 shares of the auto parts company's stock worth $76,000 after purchasing an additional 627 shares during the period.  Finally, Bayforest Capital Ltd bought a new position in  Gentex during the second quarter worth $81,000. Institutional investors and hedge funds own  86.76% of the company's stock. </p><h2>Gentex Stock Down 1.5%</h2><p>Shares of Gentex stock opened at $24.12 on Friday. Gentex Corporation has a 12-month low of $20.28 and a 12-month high of $29.38. The company has a market capitalization of $5.28 billion, a price-to-earnings ratio of 13.86 and a beta of 0.78. The firm's 50-day moving average price is $23.70 and its two-hundred day moving average price is $25.30. </p><ul><li>Analysts Recommend These Stocks To Cushion The Automotive Slump</li></ul><p>Gentex (NASDAQ:GNTX - Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The auto parts company reported $0.43 earnings per share for the quarter, hitting analysts' consensus estimates of $0.43. The company had revenue of $644.40 million during the quarter, compared to the consensus estimate of $650.90 million. Gentex had a net margin of 15.19% and a return on equity of 16.05%. The firm's quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS.  On average, sell-side analysts expect that  Gentex Corporation will post 2.04 earnings per share for the current year. </p><h2>Gentex Announces Dividend</h2><p>The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 21st. Shareholders of record on Wednesday, January 7th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, January 7th. Gentex's dividend payout ratio (DPR) is currently 27.59%. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities analysts have recently weighed in on GNTX shares. Robert W. Baird  set a $26.00 price objective on shares of Gentex in a research report on Wednesday, January 14th. B. Riley Financial lowered their price target on shares of Gentex from $32.00 to $28.00 and set a &#34;buy&#34; rating on the stock in a report on Monday, February 2nd. UBS Group  set a $25.00 price objective on shares of Gentex in a research report on Monday, February 2nd. The Goldman Sachs Group  set a $27.00 target price on Gentex and gave the company a &#34;neutral&#34; rating in a research report on Monday, October 27th. Finally, Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Gentex in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating and six have assigned  a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of &#34;Hold&#34; and a consensus price target of $26.71.</p><p><b>View Our Latest Analysis on Gentex</b></p><h2>About Gentex</h2> (Free Report)<p>Gentex Corporation <span>NASDAQ: GNTX<span></span></span> is a global technology company specializing in the design and manufacture of automotive and aerospace products. The company's primary business centers on automatic-dimming rearview mirrors, advanced driver-assistance systems (ADAS), and camera-based driver monitoring technologies. In the automotive sector, Gentex supplies exterior and interior mirrors with integrated electronics, connectivity features, and safety capabilities to many of the world's leading original equipment manufacturers (OEMs).</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Gentex</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>The $650 Million Bet on AI's Future</li><li>The gold chart Wall Street is terrified of…</li><li>The buying spree that no one is talking about</li><li>Trump’s AI Secret: 100X Faster Than Nvidia</li></ul><p><strong>Want to see what other hedge funds are holding GNTX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentex Corporation (NASDAQ:GNTX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R05UWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R05UWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Gentex Right Now?</h2><p>Before you consider Gentex, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gentex wasn't on the list.</p><p>While Gentex currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GNTX

<p>AlphaQuest LLC has significantly reduced its stake in Gentex Corporation (NASDAQ:GNTX) by 83.5%, selling 70,953 shares in the third quarter, leaving it with 14,021 shares valued at $397,000. Other institutional investors have also made moves in Gentex, with a majority of the company's stock (86.76%) owned by such entities. Gentex's stock recently opened at $24.12, down 1.5%, with a market cap of $5.28 billion. The company reported earnings of $0.43 per share, meeting analysts' expectations, and announced a quarterly dividend of $0.12 per share, yielding 2.0%.</p>

AlphaQuest LLC Sells 70,953 Shares of Gentex Corporation $GNTX