Hummingbird Management Cuts Stake In Meade Instruments – ValueWalk Premium

Hummingbird Management Cuts Stake In Meade Instruments

Hummingbird Management LLC has drastically reduced its stake in Meade Instruments Corp. (NASDAQ:MEAD), according to a 13D filing. The micro-cap oriented value hedge fund, managed by Paul Sonkin, now owns 3.24% of the  Delaware based company. Prior to the filing, Hummingbird Management owned 7.63% of Meade Instruments Corp. and Paul Sonkin owned 0.32% of outstanding shares, according to Reuters data from 01/05/2012. Prior to the filing, Hummingbird was the third largest shareholder of Meade Instruments. After the filing, the value hedge fund should be the fifth largest equity . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The top investors are reading ValuewalkPremium.

Click here to learn why

0