Greenbrier Companies Inc (NYSE:GBX), saw a high level insider execute a transaction that began earlier in the week and was officially filed today, August 28th, resulting in the lowering of their exposure to the company. Director Victoria McManus disposed of 4,666 shares through a series of transactions, at average prices ranging from $72.3 to $72.4 per share. Following this transaction, McManus now holds 12,677 shares directly, while having 2,000 shares indirectly invested in the company.
Moreover, a $2 billion market cap corporation, Greenbrier Companies Inc (NYSE:GBX) formerly The Greenbrier Companies, Inc., are the designers, manufacturers and marketers of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services to the railroad and related transportation industries in North America.
In addition, Par Capital Management, the hedge fund run by Paul Reeder And Edward Shapiro is the largest outside investor in the company, holding nearly 1.7 million shares worth about $97.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.