ASV Holdings Inc (NASDAQ:ASV) major shareholder Manitex International, Inc. sold 1,000,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $7.00, for a total transaction of $7,000,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
ASV Holdings Inc (NASDAQ ASV) traded up $0.05 during trading on Wednesday, reaching $8.13. 1,063 shares of the company were exchanged, compared to its average volume of 13,367. ASV Holdings Inc has a 1-year low of $7.23 and a 1-year high of $10.80. The company has a quick ratio of 0.79, a current ratio of 1.91 and a debt-to-equity ratio of 0.35.
A number of institutional investors have recently added to or reduced their stakes in the stock. Royce & Associates LP grew its position in ASV by 8.5% in the third quarter. Royce & Associates LP now owns 150,790 shares of the company’s stock valued at $1,230,000 after purchasing an additional 11,800 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in ASV in the second quarter valued at $182,000. Finally, Gilder Gagnon Howe & Co. LLC grew its position in shares of ASV by 2.6% in the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 1,211,662 shares of the company’s stock valued at $12,298,000 after acquiring an additional 31,147 shares during the period. 41.32% of the stock is owned by institutional investors and hedge funds.
ASV Company Profile
ASV Holdings, Inc (ASV) is engaged in designing and manufacturing a range of compact track loader (CTL) and skid steer loader (SSL) equipment for construction, agricultural and forestry industries. The Company manufactures Posi-Track, rubber-tracked CTLs with multi-level suspension. CTLs are compact tracked vehicles with lift arms that functions in wet, muddy, snowy or harsh conditions and where there are slopes and grades, such as in a construction, agriculture or forestry environment.
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