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Weitz Funding Administration Inc. diminished its stake in Clever Methods Company

© Reuters. Weitz Investment Management Inc. reduced its stake in Intelligent Systems Corporation

On December 31, Weitz Investment Management Inc. sold 248,000 Intelligent systems Corporation (NYSE 🙂 shares for $ 10 million at an average price of $ 40.11 per share.
Intelligent Systems Corporation's shares are up 0.35% since the transaction.

Weitz Investment Management Inc.'s stake in Intelligent Systems Corporation was reduced to around 750,000 shares with the transaction.

Weitz Investment Management Inc. first bought shares in Intelligent Systems Corporation in the first quarter of 2001.
Weitz Investment Management Inc. also owns Oracle Corporation (NYSE :), ACI worldwide , Inc. (NASDAQ :), Box Inc (BOX), and Black Knight, Inc. (NYSE :).
Intelligent Systems Corporation ranks number two among software stocks by number of stocks and market value.

There are other investors who have also reduced their shares in Intelligent Systems Corporation Citigroup (NYSE 🙂 and Royce & Associates.
In contrast, the California State Teachers Retirement System topped up INS stocks while Olstein Capital Management made new holdings in Intelligent Systems Corporation.

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