The Andersons, Inc. (NASDAQ:ANDE) saw an insider alter their holdings resulting in the lowering of their exposure to the company through a series of transactions that began yesterday and were officially filed today. Vice President and Corporate Controller Anne G. Rex sold a total of 1,500 shares of common stock at average prices ranging from $66.69 to $66.723 per share. After the completion of this move, Rex now has 18,574 shares directly involved with the company.
In addition, The Andersons, Inc. (NASDAQ:ANDE) is a $1.9 billion market cap corporation that is a diversified company engaged in agriculture business. The Company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing.
Billionaire Cliff Asness has selected this company as one of his favorites for this quarter. His hedge fund, Aqr Capital Management reported a 5% decrease in its activity last quarter, and now holds 224,632 shares worth about $11.6 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.