John W. Risner, Director at Accuride Corporation (NYSE:ACW), acquired last September 5th through different market transactions 1,000 shares of Common Stock. These have been bought at an average weighted price of $4.32 each, for a total value of $43,179. Following the filing, Mr. Risner directly owns 69,335 shares and indirectly owns 1,000 shares held by the Daniel W. Risner 2004 Trust, and 1,000 shares held by the Nicholas J. Risner 2004 Trust.
On the other hand, Accuride Corporation (NYSE:ACW)’s largest hedge fund investors of record have decided to decrease their exposure to the $211.87 million market cap manufacturer and supplier of commercial vehicle components in North America. Both Christopher Shackelton and Adam Gray’s Coliseum Capital –owner of over 7.9 million shares- and Peter Schliemann’s Rutabaga Capital Management –owner of over 2.3 million shares- have decided do reduce its participation in the firm by 4%. Chuck Royce’s fund, Royce and Associates –owner of over 1.7 million shares- has determined to do so by a little bit more, and has reduced its stake in the firm by 5%.
CORRECTION: This article has been corrected to reflect the fact that John Risner acquired the shares -and did not sell them, as previously stated.
Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.
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