These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from Dec. 5 through Dec. 11, 2024. Source: VerityData
Increases in Holdings
Daktronics Alta Fox Opportunities Fund raised its stake in the supplier of electronics displays to 5,933,019 shares. Alta Fox purchased 1,216,429 Daktronics shares from Oct. 10 through Nov. 22 at prices ranging from $12.93 to $14.62 each. Following the purchases, Alta Fox now owns 11.7% of Daktronics' outstanding stock. Shares have doubled year to date.
Decreases in Holdings
Frontier Communications Cerberus Capital Management reduced its stake in the communication and technology service provider to 14,943,408 shares, or 6% of shares outstanding. Cerberus sold 3,225,012 Frontier Communications shares at prices ranging from $34.42 to $34.87 each from Nov. 19 through Dec. 9. Frontier shares have gained 37% since the beginning of the year.
Gildan Activewear Browning West lowered its stake in the apparel maker to 7,025,176 shares. Browning West did so through the sale of 2,611,959 Gildan Activewear shares from Nov. 1 through Dec. 3 at prices ranging from $48.05 to $50.22 each. In December 2023, Browning West had called for the reinstatement of former Gildan CEO and co-founder Glenn Chamandy, along with a reconstituted Gildan board. In May, Gildan reappointed Chamandy, and announced that its entire board had been replaced with Browning West's slate.
Following the sales, Browning West continues to own 4.5% of Gildan's outstanding stock, below the 5% threshold that would require Browning to report further Gildan stock sales. Shares have gained 46% year to date.
Healthcare Realty Trust Starboard Value decreased its holding in the owner of medical outpatient buildings to 19,905,460 shares, or 5.6% of shares outstanding. Starboard's position includes 4,826,156 Healthcare Realty Trust shares underlying certain forward-purchase contracts. The firm sold 997,540 shares at prices ranging from $18.22 to $18.50 each on Nov. 26. Shares are about flat so far this year.
NextNav Columbia Capital reduced its stake in the provider of positioning, navigation, and timing solutions to 6,402,930 shares, or 4.97% of shares outstanding. The firm sold 1,428,737 NextNav shares at prices ranging from $14.25 to $17.95 each from Nov. 18 through Dec. 6. NextNav shares are up more than 270% since the beginning of 2024.
Ranger Energy Services Bayou Well Holdings Company lowered its stake in the oil and gas equipment and services company to 2,252,038 shares. Bayou Well did so through the sale of 580,224 Ranger Energy Services shares from Nov. 21 through Dec. 3 at prices ranging from $16.52 to $16.94 each. Following the latest sales, Bayou Well Holdings continues to own 10.1% of Ranger Energy's outstanding stock. Shares have gained about 49% year to date.
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(END) Dow Jones Newswires
December 13, 2024 18:50 ET (23:50 GMT)
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