This Fund Cashed Out of Preformed Line Products Amid a 150% Stock Surge
Key takeaways
- Jonathan Ponciano, The Motley Fool Fri, May 8, 2026 at 10:14 PM GMT+7 4 min read PLPC ALCO RPRX RIGL On May 8, 2026, CM Management disclosed in a U.S.
- CM Management reported in a SEC filing dated May 8, 2026, that it sold all 25,000 shares of Preformed Line Products during the first quarter.
- NASDAQ:ALCO: $8.25 million (6.9% of AUM)
Jonathan Ponciano, The Motley Fool Fri, May 8, 2026 at 10:14 PM GMT+7 4 min read PLPC ALCO RPRX RIGL On May 8, 2026, CM Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold its entire stake in Preformed Line Products (NASDAQ:PLPC), an estimated $6.39 million trade based on quarterly average pricing.
CM Management reported in a SEC filing dated May 8, 2026, that it sold all 25,000 shares of Preformed Line Products during the first quarter. The estimated transaction value, based on the average closing price for the quarter, was approximately $6.39 million. The quarter-end valuation for the position declined by $5.17 million, reflecting both the sale and market price changes.
NASDAQ:ALCO: $8.25 million (6.9% of AUM)