Superior Uniform Group Inc (SGC) Insider Greatly Raises Exposure To The Company

Superior Uniform Group Inc (NASDAQ:SGC), saw one of its high level insiders increase his holdings with the company. Chairman Emeritus Gerald M. Benstock acquired 10,000 shares of common stock at an average price of $22.39 per share. Following this transaction, Benstock now has 85,956 shares directly invested in Superior Uniform Group Inc (NASDAQ:SGC), the $148.41 million market cap company that manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories. The Company’s principally products include uniforms and service apparel for personnel of the hospitals and health facilities and other special purpose industrial uses.
While the company generally operates without hedge fund investments, there is one exception. Renaissance Technologies, the hedge fund controlled by Jim Simons, saw its fund increase its activity by 3% last quarter, and now has a total of 57,700 shares worth about $846 thousand invested in Superior Uniform Group Inc (NASDAQ:SGC).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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