Published on 10 Feb 2024 on GuruFocus.com via Yahoo Finance
Richard Pzena Bolsters Position in ScanSource Inc
Overview of Richard Pzena (Trades, Portfolio)'s Recent Portfolio Addition
On December 31, 2023, Pzena Investment Management, LLC, led by value investing stalwart Richard Pzena (Trades, Portfolio), expanded its investment in ScanSource Inc (NASDAQ:SCSC), a notable player in the specialty technology market. The firm added 89,103 shares to its holdings, increasing its stake by 4.94%. This transaction had a modest impact of 0.02% on the portfolio, bringing the total share count to 1,893,151 and representing a 7.50% ownership in the company. The shares were acquired at a price of $39.61, reflecting a strategic move by the firm to capitalize on the company's potential.
Insight into Richard Pzena (Trades, Portfolio)'s Investment Approach