In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), IHS Markit Ltd. (NASDAQ:INFO) reported that Artisan Partners Limited Partnership has picked up 43,393,572 of common stock as of 2017-02-03.
The acquisition brings the aggregate amount owned by Artisan Partners Limited Partnership to a total of 43,393,572 representing a 10.7% stake in the company.
For those not familiar with the company, IHS Markit Ltd, formerly Markit Ltd., provides critical information, analytics and solutions for the industries and markets that drive economies worldwide. The Company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights. The Company has approximately 50,000 business and government customers, including 80 percent of the Fortune Global 500 and financial institutions.
A glance at IHS Markit Ltd. (NASDAQ:INFO)’s key stats reveals a current market capitalization of 16.04 billion based on 406.91 million shares outstanding and a price at last close of $39.54 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2017-01-19, Kelly picked up 10,000 at a purchase price of $38.62. This brings their total holding to 67,964 as of the date of the filing.
On the sell side, the most recent transaction saw Hyatt unload 14,000 shares at a sale price of $39.38. This brings their total holding to 353,892.
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 Markit Ltd. (NASDAQ:INFO). as things move forward to see if its progress aligns with these transactions.
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