Rapid7, Valaris, and More Stocks See Action From Activist Investors


Rapid7, Valaris, and More Stocks See Action From Activist Investors

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 Sept. 26 through Oct. 2, 2024. Source: VerityData

Original Filings

Rapid7

Jana Partners disclosed a new position in the cybersecurity company of 3,655,540 shares. Jana Partners reported that it purchased 935,654 of those shares from Sept. 20 through Sept. 26 at prices ranging from $33.83 to $36.62 each. Following the latest purchases, Jana Partners now owns 5.8% of Rapid7's outstanding stock. Shares of Rapid7 have lost about a third of their value year to date.

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