White Rock's stake in CCUR went down, but only ever so slightly. As per their latest 13G/A (from Nasdaq site, which is hugely improved IMO after their site rehaul),
realtimefilings.nasdaq.com
White Rock had combined beneficial ownership of 3,095,600 shares of CCUR. As of 9/30/99, they had 3,423,000 shares so they sold 327,400 shares of CCUR between 9/30/1999 and 1/31/2000 (their reported position as of the latest 13G/A).
insidertrader.com
Now, is this anything to be worried about? Certainly NOT. It came during the quarter where the Vanguard Funds investment management company, Primecap, added over 2 million shares to their CCUR position, so I would guess that they begged and pleaded with the Bartons for them to cough up some shares. The fact that the Bartons, holders since the $2/$3 days, are still not selling any significant amounts of shares, even after the run-up to $24 plus, is hugely bullish IMO.
-- Robert |
