After nearly a whole fiscal quarter of little to none stock transactions at Diebold, Inc. (NYSE:DBD), insider Andreas Mattes acquired 1,100 company shares, directly, at a price of $37.7 per share. The President, Director and Chief Executive Officer completed this acquisition via two separate transactions on Friday, and now owns a total of 49,153 shares of the $2.5 billion security firm.
While insider stock purchases for Diebold have been weak over the past quarter, several hedge fund managers have increased the company shares in their portfolios. As such, Chuck Royce’s hedge fund, Royce & Associates, now owns over 2 million shares, for a value of $81 million. After increasing the company’s holding in Daruma Asset Management’s portfolio (run by Mariko Gordon) by 15%, the hedge fund holds almost 2.1 million shares, worth $83 million. However, Mario Gabelli’s Gamco Investors remains the majority hedge fund investor, with over 4.5 million Diebold shares, worth $181 million.
Disclosure: Melanie Erbar holds no position in the stocks mentioned.