Rational Advisors LLC Has $178,000 Position in Altaba Inc (AABA)
Rational Advisors LLC lessened its holdings in Altaba Inc (NASDAQ:AABA) by 48.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,400 shares of the company’s stock after selling 2,272 shares during the period. Rational Advisors LLC’s holdings in Altaba were worth $178,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Morgan Stanley increased its stake in Altaba by 25.5% in the 3rd quarter. Morgan Stanley now owns 2,548,105 shares of the company’s stock valued at $173,578,000 after buying an additional 518,394 shares during the last quarter. BB&T Corp increased its stake in Altaba by 64.0% in the 4th quarter. BB&T Corp now owns 26,623 shares of the company’s stock valued at $1,543,000 after buying an additional 10,387 shares during the last quarter. First Command Financial Services Inc. purchased a new stake in Altaba in the 4th quarter valued at about $25,000. We Are One Seven LLC purchased a new stake in Altaba in the 4th quarter valued at about $45,000. Finally, SOL Capital Management CO increased its stake in Altaba by 1.4% in the 4th quarter. SOL Capital Management CO now owns 14,590 shares of the company’s stock valued at $845,000 after buying an additional 200 shares during the last quarter. Institutional investors own 69.54% of the company’s stock.
Shares of AABA stock opened at $61.91 on Friday. Altaba Inc has a 12-month low of $54.75 and a 12-month high of $82.45.
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Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.
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