Big boys are buying TGA / TGL Co's increasing s

Big boys are buying TGA / TGL

Co's increasing stake in TGA


Fmr LLC Increases Stake in TransGlobe Energy Co. (NASDAQ:TGA)

Posted by Terry King on Jan 31st, 2019 // No Comments

TransGlobe Energy logoFMR LLC raised its stake in shares of TransGlobe Energy Co. (NASDAQ:TGA) (TSE:TGL) by 147.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 835,035 shares of the basic materials company’s stock after purchasing an additional 497,780 shares during the period. FMR LLC owned 1.16% of TransGlobe Energy worth $2,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. EAM Global Investors LLC bought a new stake in TransGlobe Energy during the 3rd quarter valued at $3,663,000. Renaissance Technologies LLC lifted its holdings in shares of TransGlobe Energy by 52.4% during the 2nd quarter. Renaissance Technologies LLC now owns 2,919,767 shares of the basic materials company’s stock valued at $8,087,000 after purchasing an additional 1,004,367 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in shares of TransGlobe Energy during the 3rd quarter valued at $1,692,000. Wedge Capital Management L L P NC purchased a new stake in shares of TransGlobe Energy during the 3rd quarter valued at $1,166,000. Finally, EAM Investors LLC purchased a new stake in shares of TransGlobe Energy during the 3rd quarter valued at $1,143,000. Institutional investors and hedge funds own 44.88% of the company’s stoc