Earl Lewis, Director at FLIR Systems, Inc. (NASDAQ:FLIR), completed a disposition of 100,000 shares yesterday. The Common Stock was sold in a two day transaction, directly, which commenced on Monday by unloading 50,000 shares for a price of $34.60 per share. Yesterday, the insider sold another 50,000 shares for $34.52 per share, in addition to exercising his use of non-qualified stock options. This is one of several stock dispositions executed by Lewis over the fiscal year, with the latest transaction dating back to the beginning of May, when he unloaded 25,000 shares of Common Stock for a price of $34.99 per share.
However, this quarter showed some improvements amongst shareholding hedge funds, with several increased in FLIR Systems’ portfolio participation. Ken Griffin’s Citadel Investment Group, which remains the largest shareholding hedge fund, increased the firm’s activity by 271% and now owns a total of over 2.7 million company shares, worth $98.8 million. Anand Parekh’s Alyeska Investment Group also entered a new shareholding position, by purchasing 737,540 shares, for a value of $26.5 million.