On the 31st of December, Royce & Associates sold 1.4 million Meredith Corp (NYSE:MDP) shares for $28 million at an average price of $19.20 per share. Shares of Meredith Corp are up 3.33% since the transaction.
Royce & Associates's holding in Meredith Corp decreased to about 337 thousand shares with the transaction.
Royce & Associates first bought Meredith Corp stock in the first quarter of 2008. Royce & Associates also owns Morningstar, Inc. (MORN), Scholastic Corporation (NASDAQ:SCHL) and Value Line, Inc. (VALU). Meredith Corp is its number four position by number of shares and market value among publishing stocks.
Other investors who also reduced their Meredith Corp shares include Barrow, Hanley, Mewhinney & Strauss, Citigroup (NYSE:C), and Eaton Vance (NYSE:EV) Management. Contrary to Royce & Associates, Ariel Investment, Millennium Management, and Select Equity Group added to MDP shares.
Royce & Associates also reduced their share in AXT Inc (NASDAQ:AXTI), Hurco Companies, Inc. (HURC), 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), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Lindsay Corporation (NYSE:LNN), Frequency Electronics, Inc. (FEIM), Kadant Inc (NYSE:KAI), Miller Industries, Inc. (MLR), 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), Gencor Industries Inc. (GENC), 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 $133 million.
In addition, Royce & Associates added to their share in Houston Wire & Cable Company (HWCC), Northwest Pipe Company (NASDAQ:NWPX), Shoe Carnival , Inc. (NASDAQ:SCVL), Commercial Vehicle Group, Inc. (NASDAQ:CVGI), 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), EVI Industries, Inc. (EVI), 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 $130 million.