A.M. Castle & Co. (NYSE:CAS) major shareholder Stone House Capital Management sold 448,065 shares of the stock in a transaction on Monday, November 14th. The stock was sold at an average price of $0.52, for a total value of $232,993.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

A.M. Castle & Co. (NYSE:CAS) opened at 0.4998 on Tuesday. The company has a 50 day moving average price of $0.63 and a 200 day moving average price of $1.50. The stock’s market capitalization is $16.31 million. A.M. Castle & Co. has a 12 month low of $0.45 and a 12 month high of $5.10.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Whitebox Advisors LLC purchased a new position in A.M. Castle & Co. during the second quarter valued at $201,000. Bridgeway Capital Management Inc. boosted its position in A.M. Castle & Co. by 27.1% in the second quarter. Bridgeway Capital Management Inc. now owns 220,200 shares of the company’s stock valued at $361,000 after buying an additional 47,000 shares during the last quarter. Grace & White Inc. NY boosted its position in A.M. Castle & Co. by 13.3% in the third quarter. Grace & White Inc. NY now owns 838,522 shares of the company’s stock valued at $671,000 after buying an additional 98,194 shares during the last quarter. Citadel Advisors LLC boosted its position in A.M. Castle & Co. by 828.1% in the second quarter. Citadel Advisors LLC now owns 604,603 shares of the company’s stock valued at $992,000 after buying an additional 539,459 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in A.M. Castle & Co. by 1.5% in the second quarter. Vanguard Group Inc. now owns 727,468 shares of the company’s stock valued at $1,193,000 after buying an additional 11,064 shares during the last quarter. 62.08% of the stock is currently owned by institutional investors.

About A.M. Castle & Co.

A. M. Castle & Co is a specialty metals distribution company. The Company operates through two segments: Metal and Plastics. In its Metals segment, the Company focuses on distributing engineered specialty grades and alloys of metals, as well as providing specialized processing services. Its products include alloy, aluminum, nickel, stainless steel, carbon and titanium.

5 Day Chart for NYSE:CAS

Receive News & Stock Ratings for A.M. Castle & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A.M. Castle & Co. and related stocks with our FREE daily email newsletter.