Last August 29th, Luke E. III Fichthorn, Director at Patriot Transportation Holding Inc (NASDAQ:PATR), disposed of 2,000 shares of Common Stock through an open market transaction. Of these shares, 500 were sold at a price of $35.60 each, for a total value of $17,802. The remaining 1,500 were sold at a price of $35.76 each, for a total value of $53,640. Following this filing, Mr. Fichthorn directly owns 62,715 shares and indirectly 300 shares held by Wife and 9,000 shares held by M/B Margaret Disbro Trust, of which he is a co-trustee and beneficiary.
In the same way, major hedge fund investors on record have determined to reduce its exposure to the $349.41 million market cap Patriot Transportation Holding Inc (NASDAQ:PATR) company engaged in the transportation and real estate business. Chuck Royce’s fund, Royce and Associates –owner of 1.26 millions shares- has done so by a 1%, while Peter Schliemann’s Rutabaga Capital Management – owner of 243,674 shares- has decreased its participation in the firm by a 4%.
Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.