1 day Ago By ABMN Staff
Renaissance Technologies LLC reduced its stake in Resources Connection, Inc. ( NASDAQ:RGP – Free Report ) by 25.4% in the fourth quarter, Holdings Channel.
com reports. The fund owned 150,400 shares of the company’s stock after selling 51,242 shares during the period. Renaissance Technologies LLC’s holdings in Resources Connection were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its holdings in Resources Connection by 2,171.7% during the 4th quarter.
Nisa Investment Advisors LLC now owns 5,134 shares of the company’s stock worth $44,000 after purchasing an additional 4,908 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Resources Connection during the third quarter valued at about $115,000. SG Americas Securities LLC purchased a new stake in shares of Resources Connection in the fourth quarter worth about $148,000.
Wells Fargo & Company MN boosted its position in shares of Resources Connection by 32.0% in the fourth quarter. Wells Fargo & Company MN now owns 19,784 shares of the company’s stock valued at $169,000 after acquiring an additional 4,796 shares during the period.
Finally, Atria Investments Inc grew its stake in Resources Connection by 20.6% during the fourth quarter. Atria Investments Inc now owns 21,379 shares of the company’s stock valued at $182,000 after acquiring an additional 3,656 shares in the last quarter.
93.23% of the stock is owned by institutional investors. Insider Buying and Selling In other news, Director Roger D.
Carlile bought 25,000 shares of Resources Connection stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average price of $5.06 per share, with a total value of $126,500.
00. Following the completion of the purchase, the director now directly owns 50,000 shares in the company, valued at $253,000. The trade was a 100.
00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink . Also, Director David P.
White sold 5,204 shares of the firm’s stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $5.26, for a total value of $27,373.
04. Following the sale, the director now owns 24,331 shares in the company, valued at $127,981.06.
The trade was a 17.62 % decrease in their position. The disclosure for this sale can be found here .
Over the last three months, insiders have purchased 54,900 shares of company stock worth $279,295. Insiders own 3.39% of the company’s stock.
Resources Connection Stock Up 3.6 % Analysts Set New Price Targets Separately, JPMorgan Chase & Co. lowered their target price on shares of Resources Connection from $9.
50 to $5.00 and set an “underweight” rating on the stock in a research note on Thursday, April 3rd. Check Out Our Latest Stock Report on Resources Connection Resources Connection Company Profile ( Free Report ) Resources Connection, Inc provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific.
The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. Recommended Stories Want to see what other hedge funds are holding RGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Resources Connection, Inc.
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