GTY Technology Holdings Inc (NASDAQ:GTYH) major shareholder Glazer Capital, Llc sold 505,324 shares of the stock in a transaction that occurred on Thursday, November 8th. The stock was sold at an average price of $10.15, for a total transaction of $5,129,038.60. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
NASDAQ GTYH opened at $10.17 on Friday. GTY Technology Holdings Inc has a 1 year low of $9.85 and a 1 year high of $10.30.
Several hedge funds and other institutional investors have recently bought and sold shares of GTYH. California Public Employees Retirement System acquired a new stake in shares of GTY Technology during the 2nd quarter worth approximately $111,000. Millennium Management LLC boosted its position in shares of GTY Technology by 67.5% during the 1st quarter. Millennium Management LLC now owns 46,699 shares of the company’s stock worth $465,000 after acquiring an additional 18,825 shares in the last quarter. Mizuho Securities USA LLC acquired a new stake in shares of GTY Technology during the 2nd quarter worth approximately $1,008,000. Cowen Inc. boosted its position in shares of GTY Technology by 77.6% during the 2nd quarter. Cowen Inc. now owns 177,577 shares of the company’s stock worth $1,794,000 after acquiring an additional 77,577 shares in the last quarter. Finally, City Financial Investment Co Ltd acquired a new stake in shares of GTY Technology during the 2nd quarter worth approximately $2,525,000. Institutional investors and hedge funds own 52.28% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This article was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/11/11/gty-technology-holdings-inc-gtyh-major-shareholder-sells-5129038-60-in-stock.html.
GTY Technology Company Profile
GTY Technology Holdings Inc does not have significant operations. It intends on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company primarily focuses on identifying, acquiring, and operating business in the technology industry, including software and services.
See Also: Hedge Funds – Risk or Reward?
Receive News & Ratings for GTY Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GTY Technology and related companies with MarketBeat.com's FREE daily email newsletter.