Broadridge Financial Solutions, Inc. (NYSE:BR), saw an insider raise their stake in the company through a transaction officially filed today, August 15th. Corporate Vice President Maryjo Charbonnier picked up 3,200 shares of common stock at an average price of $13.79 per share. After the completion of this transaction, Charbonnier now has a total of 22,134.2674 shares invested in Broadridge Financial Solutions, Inc. (NYSE:BR), a $4.88 billion market cap global provider of investor communications and technology-driven solutions to banks/broker-dealers, mutual funds and corporate issuers. The Company’s systems and services include investor communication solutions, and securities processing and operations outsourcing solutions.
As well, multiple hedge funds are involved withe the company. Harris Associates, the fund run by Natixis Global Asset Management reported a 2% decrease in its holdings last quarter, now with 6,014,859 shares worth about $223.4 million; while Ric Dillon‘s Diamond Hill Capital went the other direction, raising its activity by 1% last quarter, and now has 816,239 shares worth approximately $30.3 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.