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Insulet Corporation (PODD) Message Board

  • Bentley97 Bentley97 Feb 15, 2008 2:10 PM Flag

    Fidelity and Federated - Big Buyers

    I just went through the recently filed 13Gs.

    Fidelity and Federated recently bought about 4 million shares. I assume they were the big buyers of stock from the pre-IPO investors who sold at $23.25 when the lockup expired.

    They are both long term investors and "strong hands" who aren't going to trade the stock based on minor fluctuations in the stock price like a momentum hedge fund guy will.

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