Hantz Financial Services Inc. decreased its ownership in McGrath RentCorp (NASDAQ: MGRC) by selling 9,763 shares in the third quarter. Following this transaction, the firm holds 11,825 shares of the company. The information was disclosed in a recent filing with the Securities and Exchange Commission (SEC).
This reduction reflects a significant change in Hantz Financial Services’ investment position in McGrath RentCorp during the reported period.
**Why this matters**
Changes in institutional holdings can signal shifts in investor confidence or portfolio strategy. Monitoring such transactions helps market participants understand potential trends or reassessments regarding a company’s outlook.
Source: NewsData