Gator Capital Management LLC bought a new position in Great Elm Capital Group, Inc. (NASDAQ:GEC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 77,697 shares of the software maker’s stock, valued at approximately $315,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Monarch Partners Asset Management LLC purchased a new stake in shares of Great Elm Capital Group in the fourth quarter worth approximately $346,000. Roumell Asset Management LLC lifted its position in shares of Great Elm Capital Group by 489.4% in the third quarter. Roumell Asset Management LLC now owns 363,799 shares of the software maker’s stock worth $1,291,000 after purchasing an additional 302,074 shares in the last quarter. Finally, Royce & Associates LP lifted its position in shares of Great Elm Capital Group by 22.7% in the third quarter. Royce & Associates LP now owns 540,745 shares of the software maker’s stock worth $1,920,000 after purchasing an additional 100,000 shares in the last quarter. Institutional investors own 38.29% of the company’s stock.
In other Great Elm Capital Group news, CEO Peter A. Reed acquired 70,000 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were purchased at an average price of $3.64 per share, with a total value of $254,800.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Peter A. Reed acquired 48,357 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average cost of $3.65 per share, for a total transaction of $176,503.05. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 338,685 shares of company stock worth $1,252,533. Insiders own 6.60% of the company’s stock.
Great Elm Capital Group Profile
Great Elm Capital Group, Inc, formerly Unwired Planet, Inc, is a holding company. The Company makes investments in businesses and assets in various industries. The Company’s investment for long-term value creation is in the asset management business. The Company continues to explore other opportunities in the investment management business, including other business development companies (BDCs) that trade at a discount to their net asset value.
Want to see what other hedge funds are holding GEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Great Elm Capital Group, Inc. (NASDAQ:GEC).
Receive News & Ratings for Great Elm Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Elm Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.