On the 31st of December, Royce & Associates sold 43 thousand FARO Technologies, Inc. (FARO) shares for $3 million at an average price of $70.63 per share. Shares of FARO Technologies, Inc. are up 7.02% since the transaction.
Royce & Associates's holding in FARO Technologies, Inc. decreased to about 1.2 million shares with the transaction.
Royce & Associates first bought FARO Technologies, Inc. stock in the second quarter of 2006. Royce & Associates also owns Mesa Laboratories , Inc. (NASDAQ:MLAB), Coherent , Inc. (NASDAQ:COHR), Vishay Intertechnology, Inc. (NYSE:VSH) and Rogers Corporation (NYSE:ROG). FARO Technologies, Inc. is its number one position by number of shares and market value among electronic equipment stocks.
Other investors who also reduced their FARO Technologies, Inc. shares include Barrow, Hanley, Mewhinney & Strauss, Citigroup (NYSE:C), and Fisher Asset Management. In contrast, Wasatch Advisors established new holdings in FARO Technologies, Inc.
Royce & Associates also reduced their share in Century Casinos , Inc. (NASDAQ:CNTY), Kimball International, Inc. (KBAL), Insteel Industries , Inc. (NASDAQ:IIIN), Bowl America, Inc. (BWL.A), Synalloy Corporation (SYNL), Northrim BanCorp Inc (NRIM) and SEACOR Marine Holdings Inc . (NYSE:SMHI). The total value of the shares sold is estimated at around $45 million.
Additionally, Royce & Associates added to their share in Northwest Pipe Company (NASDAQ:NWPX), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), Flexsteel Industries, Inc. (FLXS), America's Car-Mart, Inc. (NASDAQ:CRMT), CPI Aerostructures, Inc. (NYSE:CVU), EVI Industries, Inc. (EVI), Aviat Networks , Inc. (NASDAQ:AVNW) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $11 million.