HB Fuller Co (NYSE:FUL), saw it’s President & Ceo, James Owens, lower his stakes in the company. Owen’s disposed of 1,095 shares of common stock at an average price of $47.35 per share. This not the first time Owen’s has made a transaction of this sort; he has sold over 10,500 shares since January of this year.
Following his most recent transaction, Owens now has 168,124.056 shares directly, while indirectly holding 611.78 shares in HB Fuller Co (NYSE:FUL), the $2.42 billion market cap company that operates in over 40 countries as a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products.
In addition, major hedge funds have substantial holdings in the company. Mario Gabelli‘s Gamco Investors has maintained it’s total of 303,250 shares worth about $14.6 million; and Renaissance Technologies, the hedge fund run by Jim Simons, reported an increase in it’s activity last quarter by 49%, and now holds 263,873 shares worth $12.7 million in HB Fuller Co (NYSE:FUL).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.