Published on 20 May 2024 on GuruFocus.com · via Yahoo Finance
Brandes Investment Partners, LP Expands Stake in Park Aerospace Corp
Overview of the Recent Transaction
On May 31, 2024, Brandes Investment Partners, LP (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 190,861 shares of Park Aerospace Corp (NYSE:PKE). This transaction increased the firm's total holdings in the company to 2,111,714 shares, marking a notable expansion of its stake by 9.94%. The shares were purchased at a price of $13.94 each, reflecting a strategic move by the firm to bolster its position in the aerospace sector.
Profile of Brandes Investment Partners, LP (Trades, Portfolio)