- Insider Monkey•last yearOkumus Fund Management Trims Its Stake In Web.com Group Inc. (WWWW), While Wynnefield Capital Still Believes In Global Power Equipment Group Inc. (GLPW)’s Turnaround
In a new Form 4 filing with the SEC, the hedge fund Okumus Fund Management, overseen by Ahmet Okumus, disclosed the sale of some 1.60 million shares of Web.com Group Inc. (NASDAQ:WWWW), remaining with an ownership stake of 14.50 million shares. Furthermore, another Form 4 filing showed that Nelson Obus’ Wynnefield Capital acquired 15,903 shares
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- Insider Monkey•last yearWynnefield Believes Global Power Equipment Group Inc (GLPW) Will Rise Out Of Accounting Troubles Unscathed
Nelson Obus‘ Wynnefield Capital has initiated a position in Global Power Equipment Group Inc (NYSE:GLPW) by acquiring some 2.19 million shares through its affiliated funds. The stake, which comprises 1.07 million shares that are held directly by the firm and 1.13 million shares held indirectly, amasses about 12% of the $112.30 million company’s outstanding shares.
|52wk Range||1.50 - 7.98|
|Day's Range||3.55 - 3.66|
|Avg Vol (3m)||69,592|
As of 3:58 PM EDT. Market closed.