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Stem, Inc. is owned by Allspring Global Investments Holdings LLC for $4.76 million (NYSE:STEM)

According to the most recent report that Allspring Global Investments Holdings LLC submitted to the Securities and Exchange Commission, the amount of money it had invested in Stem, Inc. (NYSE: STEM) was reduced by 27.3% during the third quarter. Following the transaction during the quarter in which 134,131 shares were sold, the company now has 357,194 shares. Allspring Global Investments Holdings LLC was the owner of 0.23% of Stem at the end of the most recent reporting period. At that time, Stem had a value of $4,764,000.

Recent events have resulted in modifications to the stock holdings that particular institutional investors and hedge funds have in their portfolios. The amount of Nisa Investment Advisors LLC’s capital invested in Stem saw a 232.3% increase during the second quarter due to the company’s investment strategy. During the most recent quarter, Nisa Investment Advisors LLC increased its stake in the company by purchasing an additional 3,693 shares. This brought the total number of shares held in the company to 5,283, with a value of $38,000. Zurcher Kantonalbank is a Swiss bank. Zurich Cantonalbank spent $53,000 during the second quarter to acquire additional ownership in Stem. This purchase took place during the quarter. Point72 Hong Kong Ltd. acquired a new stem stake valued at $67,000 during the first three months of 2018. Trexquant Investment LP increased its stake in Stem by $73,000 during the second quarter by making an additional investment. And finally, during the second quarter, Janney Montgomery Scott LLC increased the amount of money it had invested in Stem by an additional $76,000. The company shares ownership is distributed as follows: institutional investors and hedge funds hold 52.10 percent of the total.

On November 17th, Director Adam Daley sold 75,000 of the company’s stock shares, bringing us to another piece of relevant news regarding this topic. A total of $1,022,250.00 was received for the sale of the shares, which works out to an average selling price of $13.63 per share. The director is now the direct owner of 171,251 shares of the company, and the total value of those shares is $2,334,151.13 after the completion of the transaction. If you follow the link, which will take you to a legal file submitted to the SEC, you will have the opportunity to acquire additional information regarding the transaction. According to information gleaned fr

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