In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ihs Inc. (NYSE:IHS) reported that Fundamental Global Investors, Llc. has picked up 42,625,093 of common stock as of 2016-12-08.
The acquisition brings the aggregate amount owned by Fundamental Global Investors, Llc. to a total of 42,625,093 representing a 10.1% stake in the company.
For those not familiar with the company, IHS Inc. develops source of information, insight and analytics in different areas of business. The Company’s segments include Resources, Transportation and Consolidated Markets & Solutions. The Company’s Resources segment includes its Energy and Chemicals product offerings. Its Transportation segment includes its Automotive; Maritime & Trade, and Aerospace, Defense & Security product offerings.
A glance at Ihs Inc. (NYSE:IHS)’s key stats reveals a current market capitalization of $8.05 billion based on 71.12 million shares outstanding and a price at last close of $117.25 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2013-02-07, Montupet picked up 500 at a purchase price of $102.72. This brings their total holding to 1000 as of the date of the filing.
On the sell side, the most recent transaction saw Yergin unload 508 shares at a sale price of $115.41. This brings their total holding to 81,784.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Ihs Inc. (NYSE:IHS) as things move forward to see if its progress aligns with these transactions.
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