On the 31st of December, Royce & Associates sold 331 thousand Verso Corporation (NYSE:VRS) shares for $4 million at an average price of $12.02 per share. Shares of Verso Corporation are down -3.83% since the transaction.
Royce & Associates's holding in Verso Corporation decreased to about 1.4 million shares with the transaction.
Royce & Associates first bought Verso Corporation stock in the first quarter of 2019. Royce & Associates also owns Sonoco Products Co (NYSE:SON), AptarGroup, Inc. (NYSE:ATR), Graphic Packaging Holding Co (GPK) and Glatfelter Corporation (GLT). Verso Corporation is its number one position by number of shares and market value among wood & paper stocks.
Other investors who also reduced their Verso Corporation shares include California State Teachers Retirement System, Citigroup (NYSE:C), and the T. Rowe Price Equity Income Fund. Contrary to Royce & Associates, Donald Smith & Co. and Victory Capital Management added to VRS shares, while Millennium Management introduced VRS shares to their portfolio.
Royce & Associates also reduced their share in AXT Inc (NASDAQ:AXTI), Hurco Companies, Inc. (HURC), Century Casinos , Inc. (NASDAQ:CNTY), Heidrick & Struggles Internatio (NASDAQ:HSII), Intevac , Inc. (NASDAQ:IVAC), Haynes International, Inc. (HAYN), Kimball International, Inc. (KBAL), SEACOR Holdings Inc . (NYSE:CKH), Insteel Industries , Inc. (NASDAQ:IIIN), Invacare Corporation (NYSE:IVC), Meredith Corp (NYSE:MDP), FARO Technologies, Inc. (FARO), Bowl America, Inc. (BWL.A), Tejon Ranch Co (TRC), Lindsay Corporation (NYSE:LNN), Frequency Electronics, Inc. (FEIM), Kadant Inc (NYSE:KAI), Miller Industries, Inc. (MLR), Synalloy Corporation (SYNL), LSI Industries Inc. (LYTS), Tennant Company (TNC), Raven Industries , Inc. (NASDAQ:RAVN), PICO Holdings Inc. (PICO), Preformed Line Products Company (PLPC), Standard Motor Products, Inc. (NYSE:SMP), Universal Stainless & Alloy Pro (USAP), LightPath Technologies, Inc. (LPTH), National Bankshares, Inc. (NASDAQ:NKSH), Aehr Test Systems (AEHR), Saga Communications, Inc. (SGA), GP Strategies Corporation (NYSE:GPX), Timberland Bancorp, Inc. (TSBK), Ames National Corporation (ATLO), Northrim BanCorp Inc (NRIM), Gencor Industries Inc. (GENC), Chembio Diagnostics Inc (NASDAQ:CEMI), Vishay Precision Group, Inc. (NYSE:VPG), New Home Company Inc. (The) (NWHM), Marcus & Millichap (MMI), Patriot Transportation Holding, (PATI), Associated Capital Group, Inc. (NYSE:AC), SEACOR Marine Holdings Inc . (NYSE:SMHI) and Ranger Energy Services , Inc. (NYSE:RNGR). The total value of the shares sold is estimated at around $300 million.
In addition, Royce & Associates increased their share in Houston Wire & Cable Company (HWCC), Northwest Pipe Company (NASDAQ:NWPX), Shoe Carnival , Inc. (NASDAQ:SCVL), Commercial Vehicle Group, Inc. (NASDAQ:CVGI), National Presto Industries, Inc (NPK), John B. Sanfilippo & Son, Inc. (JBSS), Hooker Furniture Corporation (NASDAQ:HOFT), Johnson Outdoors Inc. (NASDAQ:JOUT), Forrester Research , Inc. (NASDAQ:FORR), Luna Innovations Inc (NASDAQ:LUNA), U.S. Global Investors, Inc. (GROW), PCTEL, Inc. (NASDAQ:PCTI), Richardson Electronics, Ltd. (RELL), Seneca Foods Corp. (SENEA), Fauquier Bankshares, Inc. (FBSS), AstroNova, Inc. (ALOT), Flexsteel Industries, Inc. (FLXS), IntriCon Corporation (IIN), Mesa Laboratories , Inc. (NASDAQ:MLAB), America's Car-Mart, Inc. (NASDAQ:CRMT), CPI Aerostructures, Inc. (NYSE:CVU), EVI Industries, Inc. (EVI), Kulicke and Soffa Industries, I (KLIC), Iteris , Inc. (NASDAQ:ITI), Aviat Networks , Inc. (NASDAQ:AVNW), Silvercrest Asset Management Gr (SAMG), Horizon Global Corporation (NYSE:HZN), MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT), Unique Fabricating, Inc. (NYSE:UFAB), SecureWorks Corp. (NASDAQ:SCWX), Infrastructure and Energy Alter (IEA), International Money Express, In (NASDAQ:IMXI), RA Medical Systems Inc (RMED), Postal Realty Trust, Inc. (NYSE:PSTL) and OneWater Marine Inc. (NASDAQ:ONEW). The total value of the shares bought is estimated at around $130 million.