Blue Apron, E2open, and More Stocks See Action From Activist Investors

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Elliott Management disclosed it is an active investor in supply-chain software platform E2open. Gamco Investor took a large stake in meal-prep-kit provider...

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from Oct. 12 through Oct. 18, 2023. Source: VerityDataElliott Management disclosed that it is an active investor in the supply-chain software platform, with 27,250,000 shares.

E2open said that it “encourages and maintains an open dialogue with all of our shareholders,” in response to Elliott’s filing.Gamco Investors disclosed a fresh stake in the provider of meal-preparation kits of 327,612 shares, or 5.1% of the firm’s tradable stock. All of those Blue Apron shares were purchased from Sept. 29 through Oct. 4 at prices ranging from $12.76 to $12.84. Though Gamco gave no reason for its Blue Apron investment, it is probably making an arbitrage play.

 

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