Federal-Mogul Holdings Corp (FDML) Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC lowered its stake in Federal-Mogul Holdings Corp (NASDAQ:FDML) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,998,183 shares of the company’s stock after selling 13,685 shares during the period. Gabelli Funds LLC’s holdings in Federal-Mogul Holdings Corp were worth $20,601,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN boosted its stake in shares of Federal-Mogul Holdings Corp by 36.6% in the third quarter. Wells Fargo & Company MN now owns 10,815 shares of the company’s stock valued at $104,000 after buying an additional 2,900 shares during the period. Kassirer Asset Management Corp purchased a new stake in shares of Federal-Mogul Holdings Corp during the third quarter valued at about $109,000. Walleye Trading LLC boosted its stake in shares of Federal-Mogul Holdings Corp by 12.5% in the second quarter. Walleye Trading LLC now owns 19,503 shares of the company’s stock valued at $162,000 after buying an additional 2,172 shares during the period. Metropolitan Life Insurance Co. NY purchased a new stake in shares of Federal-Mogul Holdings Corp during the second quarter valued at about $193,000. Finally, K2 Principal Fund L.P. purchased a new stake in shares of Federal-Mogul Holdings Corp during the third quarter valued at about $240,000. 98.49% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Federal-Mogul Holdings Corp (NASDAQ:FDML)

Shares of Federal-Mogul Holdings Corp (NASDAQ:FDML) traded down 0.10% during mid-day trading on Friday, hitting $9.98. The firm has a 50-day moving average of $10.00 and a 200-day moving average of $9.61. Federal-Mogul Holdings Corp has a 52 week low of $4.01 and a 52 week high of $10.68.

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Separately, Zacks Investment Research raised Federal-Mogul Holdings Corp from a “sell” rating to a “hold” rating in a report on Friday, December 2nd.

In other news, major shareholder Carl C. Icahn bought 16,766,401 shares of the firm’s stock in a transaction dated Monday, January 23rd. The shares were acquired at an average price of $10.00 per share, for a total transaction of $167,664,010.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 82.10% of the company’s stock.

Federal-Mogul Holdings Corp Company Profile

Federal-Mogul Holdings Corp, formerly Federal-Mogul Corporation, is a global supplier of technology and innovation in vehicle and industrial products for fuel economy, emissions reduction and safety systems. The Company serves original equipment manufacturers (OEM) and servicers (OES) (collectively OE) of automotive, light, medium and heavy-duty commercial vehicles, off-road, agricultural, marine, rail, aerospace, power generation and industrial equipment, as well as the worldwide aftermarket.

5 Day Chart for NASDAQ:FDML

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