Insider Sale at Owens & Minor Inc (OMI): Craig R. Smith Sells $1,128,039 of Shares

0

Craig R. Smith, Executive Chairman at Owens & Minor (NYSE:OMI), disposed last September 3rd 33,000 shares of Common Stock. These were sold at an average weighted price of $34.28 each, for a total value of $1,128,039. Following the filing, Mr. Craig directly owns 271,712 shares of the $2.15 billion market cap provider of third-party logistics (3PL) services to manufacturers and suppliers of healthcare and life-science products.

On the contrary, Owens & Minor (NYSE:OMI)’s largest hedge fund shareholders on record have decided to increase their participation in the company. Chuck Royce’s fund, Royce and Associates –owner of over 2.3 million shares- and Ken Griffin’s Citadel Investment Group –owner of 559,873 shares- have done so by a 12% and 35% respectively. Also, Israel Englander’s Millennium Management -owner of 116,443 shares- has augmented its bet on the firm by over a 90%. However, Jim Simons’s fund, Renaissance Technologies -owner of 337,150 shares- has determined to decrease its exposure to the firm and has done so by a 31%.

Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.

Suggested Articles:

Countries with Highest Gas Prices

Best Selling Pharmaceutical Drugs

Share.