GP Investments Acquisition Corp (GPIA) Major Shareholder Polar Asset Management Partner Sells 497,018 Shares of Stock

GP Investments Acquisition Corp (NASDAQ:GPIA) major shareholder Polar Asset Management Partner sold 497,018 shares of the stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $10.06, for a total value of $5,000,001.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of GP Investments Acquisition Corp (NASDAQ:GPIA) opened at 9.85 on Wednesday. GP Investments Acquisition Corp has a 52 week low of $8.30 and a 52 week high of $10.05. The firm’s 50-day moving average price is $9.75 and its 200 day moving average price is $9.75. The stock’s market capitalization is $56.09 million.

ILLEGAL ACTIVITY NOTICE: “GP Investments Acquisition Corp (GPIA) Major Shareholder Polar Asset Management Partner Sells 497,018 Shares of Stock” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://ledgergazette.com/2017/10/11/gp-investments-acquisition-corp-gpia-major-shareholder-polar-asset-management-partner-sells-497018-shares-of-stock.html.

Hedge funds have recently modified their holdings of the company. Cowen Inc. acquired a new position in shares of GP Investments Acquisition Corp during the second quarter worth $4,942,000. Citigroup Inc. grew its holdings in shares of GP Investments Acquisition Corp by 26.9% during the second quarter. Citigroup Inc. now owns 280,020 shares of the company’s stock valued at $2,803,000 after buying an additional 59,412 shares during the last quarter. Finally, Ursa Fund Ma

Shares of GP Investments Acquisition Corp (NASDAQ:GPIA) opened at 9.85 on Wednesday. GP Investments Acquisition Corp has a 52 week low of $8.30 and a 52 week high of $10.05. The firm’s 50-day moving average price is $9.75 and its 200 day moving average price is $9.75. The stock’s market capitalization is $56.09 million.

ILLEGAL ACTIVITY NOTICE: “GP Investments Acquisition Corp (GPIA) Major Shareholder Polar Asset Management Partner Sells 497,018 Shares of Stock” was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://ledgergazette.com/2017/10/11/gp-investments-acquisition-corp-gpia-major-shareholder-polar-asset-management-partner-sells-497018-shares-of-stock.html.

Hedge funds have recently modified their holdings of the company. Cowen Inc. acquired a new position in shares of GP Investments Acquisition Corp during the second quarter worth $4,942,000. Citigroup Inc. grew its holdings in shares of GP Investments Acquisition Corp by 26.9% during the second quarter. Citigroup Inc. now owns 280,020 shares of the company’s stock valued at $2,803,000 after buying an additional 59,412 shares during the last quarter. Finally, Ursa Fund Management LLC purchased a new stake in shares of GP Investments Acquisition Corp during the second quarter valued at $2,059,000.

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