Insider Stock Sale at Thor Industries, Inc. (THO): Geoffrey Thompson Unloads 14,000 Shares


Thor Industries, Inc. (NYSE:THO)’s Director, Geoffrey Thompson, completed a disposition of 14,000 shares of Common Stock, $0.10 par value on Thursday. The insider unloaded his shares directly at a price of $55.08 per share, and also exercised a stock option purchase for 25,000 shares. Following the insider’s first stock transaction of the year, he still holds a total amount of 22,000 company shares.

However, in spite of stagnant stock movements at the $2.9 billion market cap vehicle manufacturer this year, hedge fund holdings remain strong. Value Holdings Lp, Tim Curro’s hedge fund, has 121,080 shares, with a value of $7.3 million and accounting for 5.36% of its overall holding portfolio, while Peter Schliemann’s Rutabaga Capital Management counts on Thor Industries for 2.23% of its portfolio, with 377,923 shares, worth $23 million. Nonetheless, the strongest shareholding position amongst hedge funds is held by Chuck Royce’s Royce & Associates, which dominates with 7.2 million company shares, valued at approximately $443.7 million.

Disclosure: none