On the 31st of December, Royce & Associates sold 40 thousand Kadant Inc (NYSE:KAI) shares for $5.7 million at an average price of $140.75 per share. Shares of Kadant Inc are up 2.26% since the transaction.
Royce & Associates's holding in Kadant Inc decreased to about 539 thousand shares with the transaction.
Royce & Associates first bought Kadant Inc stock in the second quarter of 2007. Royce & Associates also owns Lindsay Corporation (NYSE:LNN), Colfax Corp (NYSE:CFX), Miller Industries, Inc. (MLR) and John Bean Technologies Corp . (NYSE:JBT). Kadant Inc is its number three position by number of shares and market value among machinery stocks.
Other investors who also reduced their Kadant Inc shares include Citigroup (NYSE:C), Cooke & Bieler, and Epoch Investment Partners. In contrast, the T. Rowe Price Equity Income Fund and Wasatch Advisors added to KAI shares, while Millennium Management established new holdings in Kadant Inc.
Royce & Associates has also recently reduced their share in Hurco Companies, Inc. (HURC), Lindsay Corporation, Miller Industries, Inc. and Gencor Industries Inc. (GENC). The total value of the shares sold is estimated at around $19 million.
In addition, Royce & Associates added to their share in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) and EVI Industries, Inc. (EVI). The total value of the shares bought is estimated at around $3.6 million.
Royce & Associates also reduced their share in AXT Inc (NASDAQ:AXTI), Century Casinos , Inc. (NASDAQ:CNTY), Heidrick & Struggles Internatio (NASDAQ:HSII), Intevac , Inc. (NASDAQ:IVAC), Haynes International, Inc. (NASDAQ:HAYN), Kimball International, Inc. (KBAL), Insteel Industries , Inc. (NASDAQ:IIIN), Invacare Corporation (NYSE:IVC), Meredith Corp (NYSE:MDP), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Frequency Electronics, Inc. (FEIM), Synalloy Corporation (SYNL), LSI Industries Inc. (LYTS), PICO Holdings Inc. (PICO), Preformed Line Products Company (PLPC), Universal Stainless & Alloy Pro (USAP), LightPath Technologies, Inc. (LPTH), National Bankshares, Inc. (NASDAQ:NKSH), Aehr Test Systems (AEHR), GP Strategies Corporation (NYSE:GPX), Timberland Bancorp, Inc. (TSBK), Ames National Corporation (ATLO), Northrim BanCorp Inc (NRIM), Chembio Diagnostics Inc (NASDAQ:CEMI), Vishay Precision Group, Inc. (NYSE:VPG), New Home Company Inc. (The) (NWHM), Marcus & Millichap (MMI) and SEACOR Marine Holdings Inc . (NYSE:SMHI). The total value of the shares sold is estimated at around $135 million.
In addition, Royce & Associates increased their share in Houston Wire & Cable Company (HWCC), Northwest Pipe Company (NASDAQ:NWPX), Shoe Carnival , Inc. (NASDAQ:SCVL), National Presto Industries, Inc (NPK), John B. Sanfilippo & Son, Inc. (JBSS), Hooker Furniture Corporation (NASDAQ:HOFT), Johnson Outdoors Inc. (NASDAQ:JOUT), Forrester Research , Inc. (NASDAQ:FORR), Luna Innovations Inc (NASDAQ:LUNA), PCTEL, Inc. (NASDAQ:PCTI), Richardson Electronics, Ltd. (RELL), Seneca Foods Corp. (SENEA), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), Flexsteel Industries, Inc. (FLXS), IntriCon Corporation (IIN), Mesa Laboratories , Inc. (NASDAQ:MLAB), America's Car-Mart, Inc. (NASDAQ:CRMT), CPI Aerostructures, Inc. (NYSE:CVU), Kulicke and Soffa Industries, I (KLIC), Iteris , Inc. (NASDAQ:ITI), Aviat Networks , Inc. (NASDAQ:AVNW), Silvercrest Asset Management Gr (SAMG), Horizon Global Corporation (NYSE:HZN), MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT), Unique Fabricating, Inc. (NYSE:UFAB), SecureWorks Corp. (NASDAQ:SCWX), Infrastructure and Energy Alter (IEA), International Money Express, In (NASDAQ:IMXI), RA Medical Systems Inc (RMED) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $127 million.