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Why You Should Pay Attention to Nierenberg Investment Management's Latest Purchase

2015-06-10 19:02:48| Industrial Machines - Topix.net

David Nierenberg of Nierenberg Investment Management has increased his stake in Houston Wire & Cable Company according to a recent 13G form filed with the SEC. The micro-cap-focused investor, whose public equity portfolio was valued at $64.35 million as of March 31, has increased his stake in the $153.82 million wire and cable company to 886,122 shares, up from 467,422 shares that it reported ownership of on March 31. The new stake amasses 5.2% of Houston Wire & Cable Company's outstanding shares.

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