© Reuters. Royce & Associates reduced stake in Frequency Electronics, Inc.
On the 31st of December, Royce & Associates sold 28 thousand Frequency Electronics, Inc. (FEIM) shares for $306 thousand at an average price of $10.99 per share.
Shares of Frequency Electronics, Inc. are down -3.64% since the transaction.
Royce & Associates’s holding in Frequency Electronics, Inc. decreased to about 659 thousand shares with the transaction.
Royce & Associates first bought Frequency Electronics, Inc. stock in the third quarter of 2008.
Royce & Associates also owns FARO Technologies, Inc. (FARO), Mesa Laboratories , Inc. (NASDAQ:), Coherent , Inc. (NASDAQ:) and Vishay Intertechnology, Inc. (NYSE:).
Frequency Electronics, Inc. is its number twenty four position by number of shares and market value among electronic equipment stocks.
Other investors who also reduced their Frequency Electronics, Inc. shares include Millennium Management.
Royce & Associates has also recently reduced their share in FARO Technologies, Inc.
The total value of the shares sold is estimated at around $3 million.
Royce & Associates also reduced their share in Century Casinos , Inc. (NASDAQ:), Kimball International, Inc. (KBAL), Insteel Industries , Inc. (NASDAQ:), Bowl America, Inc. (BWL.A), Synalloy Corporation (SYNL), Northrim BanCorp Inc (NRIM) and SEACOR Marine Holdings Inc . (NYSE:).
The total value of the shares sold is estimated at around $45 million.
Additionally, Royce & Associates increased their share in Northwest Pipe Company (NASDAQ:), Forrester Research , Inc. (NASDAQ:), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), Flexsteel Industries, Inc. (FLXS), America’s Car-Mart, Inc. (NASDAQ:), CPI Aerostructures, Inc. (NYSE:), EVI Industries, Inc. (EVI), Aviat Networks , Inc. (NASDAQ:) and OneWater Marine Inc. (NASDAQ:).
The total value of the shares bought is estimated at around $22 million.
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