Disciplined Growth Investors Inc. MN lessened its holdings in Altaba Inc (NASDAQ:AABA) by 36.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 432,290 shares of the company’s stock after selling 246,212 shares during the quarter. Disciplined Growth Investors Inc. MN owned 0.05% of Altaba worth $31,648,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of AABA. Private Advisor Group LLC purchased a new position in Altaba in the 1st quarter worth $295,000. BlackRock Inc. increased its position in shares of Altaba by 7.8% in the first quarter. BlackRock Inc. now owns 843,574 shares of the company’s stock valued at $62,459,000 after acquiring an additional 61,080 shares during the period. Palisade Capital Management LLC NJ increased its position in shares of Altaba by 77.6% in the first quarter. Palisade Capital Management LLC NJ now owns 228,929 shares of the company’s stock valued at $16,950,000 after acquiring an additional 100,000 shares during the period. Natixis Advisors L.P. increased its position in shares of Altaba by 11.9% in the first quarter. Natixis Advisors L.P. now owns 92,193 shares of the company’s stock valued at $6,826,000 after acquiring an additional 9,779 shares during the period. Finally, CQS Cayman LP increased its position in shares of Altaba by 10.6% in the first quarter. CQS Cayman LP now owns 163,839 shares of the company’s stock valued at $12,130,000 after acquiring an additional 15,742 shares during the period. Institutional investors own 84.23% of the company’s stock.

AABA has been the topic of a number of analyst reports. Credit Suisse Group boosted their price objective on shares of Altaba from $76.00 to $88.00 in a research report on Friday, June 8th. BidaskClub cut shares of Altaba from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 26th. MKM Partners decreased their price objective on shares of Altaba to $115.00 and set a “buy” rating on the stock in a research report on Thursday, August 16th. ValuEngine cut shares of Altaba from a “buy” rating to a “hold” rating in a research report on Wednesday, August 15th. Finally, Gabelli cut shares of Altaba from a “buy” rating to a “hold” rating in a research report on Wednesday, July 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. Altaba presently has an average rating of “Hold” and an average target price of $94.75.

AABA stock opened at $67.75 on Monday. Altaba Inc has a 12-month low of $62.80 and a 12-month high of $82.45.

Altaba Profile

Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.

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Institutional Ownership by Quarter for Altaba (NASDAQ:AABA)

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