Ingram Micro Inc. (NYSE:IM), saw one of its insiders decrease their exposure to the company. Executive Vice President, Secretary and General Counsel Larry C. Boyd sold 2,869 shares at an average price of $27.8217 per share. Following this transaction, Boyd now has a total of 66,596 shares directly invested in the company, while holding 1,443 shares indirectly. As well, Ingram Micro Inc. (NYSE:IM) is a $4.33 billion market cap company, that operates as a global information technology (IT) supply-chain management, mobile device lifecycle services and logistics solutions.
In addition, there are multiple hedge funds involved with the company. Charles De Vaulx‘s International Value Advisers rose its activity by 1% last quarter, and now holds 4,715,951 shares worth about $139.4 million; while Anthony Bozza‘s Lakewood Capital Management went the other direction, lowering its involvement by 15% lat quarter, and now has 3,244,223 shares worth approximately $95.9 million invested in Ingram Micro Inc. (NYSE:IM).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.