AOL: Financial Institutions Selling Shares in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of AOL, Inc. (NYSE:AOL).

SEC data indicate that these institutions significantly reduced their stock shares of AOL, Inc. in Q3 2011:

  • LONDON CO OF VIRGINIA: On 06/30/2011, held 1,912,970 shares, worth $37,991,584. On 09/30/2011, held 0 shares.
  • STANDARD PACIFIC CAPITAL LLC/CA: On 06/30/2011, held 1,618,508 shares, worth $32,143,569. On 09/30/2011, held 0 shares.
  • BAMCO INC /NY/: On 06/30/2011, held 980,900 shares, worth $19,480,674. On 09/30/2011, held 0 shares.
  • JANUS CAPITAL MANAGEMENT LLC: On 06/30/2011, held 963,476 shares, worth $19,134,633. On 09/30/2011, held 0 shares.
  • JACOBS LEVY EQUITY MANAGEMENT INC: On 06/30/2011, held 457,288 shares, worth $9,081,740. On 09/30/2011, held 0 shares.

About the company: AOL Inc is a web services company. The Company’s business spans online content, products and services that the company offers consumers, publishers and advertisers. AOL focuses on attracting consumers and providing online advertising services on company owned and operated properties as well as third party websites. AOL also operates an internet subscription access service.

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Yahoo! Inc. (NASDAQ:YHOO), Microsoft Corporation (NASDAQ:MSFT), IAC/InterActiveCorp (NASDAQ:IACI), Demand Media Inc (NYSE:DMD), News Corporation (NASDAQ:NWSA), The New York Times Company (NYSE:NYT), CBS Corporation (NYSE:CBS), and Baidu.com, Inc. (NASDAQ:BIDU).

(Note: Data regarding AOL, Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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