On the 31st of December, Royce & Associates sold 766 thousand Tennant Company (TNC) shares for $54 million at an average price of $70.17 per share. Shares of Tennant Company are down -2.52% since the transaction.
Royce & Associates's holding in Tennant Company decreased to about 196 thousand shares with the transaction.
Royce & Associates first bought Tennant Company stock in the first quarter of 2001. Royce & Associates also owns Lindsay Corporation (NYSE:LNN), Colfax Corp (NYSE:CFX), Kadant Inc (NYSE:KAI) and Miller Industries, Inc. (MLR). Tennant Company is its number seventeen position by number of shares and market value among machinery stocks.
Other investors who also reduced their Tennant Company shares include Citigroup (NYSE:C), Mairs & Power Inc, and the T. Rowe Price Equity Income Fund. In contrast, Millennium Management, Victory Capital Management, and Squarepoint Ops added to TNC shares.
Royce & Associates has also recently reduced their share in Hurco Companies, Inc. (HURC), Lindsay Corporation, Kadant Inc, Miller Industries, Inc. and Gencor Industries Inc. (GENC). The total value of the shares sold is estimated at around $25 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), SEACOR Holdings Inc . (NYSE:CKH), Insteel Industries , Inc. (NASDAQ:IIIN), Invacare Corporation (NYSE:IVC), Meredith Corp (NYSE:MDP), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Tejon Ranch Co (TRC), Frequency Electronics, Inc. (FEIM), Synalloy Corporation (SYNL), LSI Industries Inc. (LYTS), Raven Industries , Inc. (NASDAQ:RAVN), PICO Holdings Inc. (PICO), Preformed Line Products Company (PLPC), Standard Motor Products, Inc. (NYSE:SMP), Universal Stainless & Alloy Pro (USAP), LightPath Technologies, Inc. (LPTH), National Bankshares, Inc. (NASDAQ:NKSH), Aehr Test Systems (AEHR), Saga Communications, Inc. (SGA), 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), Patriot Transportation Holding, (PATI), Associated Capital Group, Inc. (NYSE:AC), Verso Corporation (NYSE:VRS), SEACOR Marine Holdings Inc . (NYSE:SMHI) and Ranger Energy Services , Inc. (NYSE:RNGR). The total value of the shares sold is estimated at around $225 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), 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), U.S. Global Investors, Inc. (GROW), 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), Postal Realty Trust, Inc. (NYSE:PSTL) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $127 million.