United Stationers Inc. (NASDAQ:USTR), saw an insider alter their position with the company through a transaction officially filed today, August 22nd. President Larry D. Davis sold 6,200 shares of common stock at an average price of $41.2 per share. Following the completion of this transaction, Davis now holds a total of 4,062 shares directly in the company. United Stationers Inc. (NASDAQ:USTR), is a $1.61 billion market cap corporation that is a wholesale distributor of business products. USI stocks range of approximately 100,000 products, including technology products, traditional office products, office furniture, janitorial and breakroom supplies, and industrial supplies.
In addition, while there are multiple outside investors in the company, the largest by far comes from Billionaire Richard S. Pzena. Pzena’s Pzena investment Management fund altered its position recently as it rose its activity by a reported 137% over the course of the last fiscal quarter, now holding 959,091 shares worth about $39.7 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.