Coliseum Capital Management, LLC – a 10% owner of Accuride Corporation (NYSE:ACW) – once again unloaded a bulk of 96,140 shares of Common Stock yesterday. The stock was sold indirectly through Coliseum Capital Partners, L.P., an investment limited partnership of the shareholder, for an average weighted price of $5.12 per share. Furthermore, the shareholder has been unloading substantial amounts of company shares lately. In fact, this latest disposition is part of a three day sale, where Coliseum dumped 148,656 shares on Wednesday, for $5.18 per share, after having sold 19,800 shares on Tuesday, for an average weighted price of $5.13 per share.
Other large stock sales at the $238.9 million market cap vehicle manufacturer this quarter were executed by Cetus Capital Llc, another large shareholder at Accuride. Cetus reported several dispositions throughout June, with the latter one unloading 50,000 shares of Common Stock, for a price of $5.28 per share, just three days after selling 103,217 shares for $5.30 a share.