Cooper Industries: Institutional Investor Stock Sales in Third Quarter

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 Cooper Industries plc (NYSE:CBE).

SEC data indicate that no insiders have sold Cooper Industries plc’s stock since 06/30/2011.

SEC data indicate that these institutions significantly reduced their stock shares of Cooper Industries plc in Q3 2011:

  • ARTISAN PARTNERS HOLDINGS LP: On 06/30/2011, held 5,712,400 shares, worth $336,745,980. On 09/30/2011, held 0 shares.
  • RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 821,000 shares, worth $48,397,950. On 09/30/2011, held 0 shares.
  • FRANKLIN RESOURCES INC: On 06/30/2011, held 623,985 shares, worth $36,783,916. On 09/30/2011, held 0 shares.
  • CADENCE CAPITAL MANAGEMENT LLC: On 06/30/2011, held 360,225 shares, worth $21,235,264. On 09/30/2011, held 0 shares.

About the company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.

Competitors to Watch:  Acuity Brands, Inc. (NYSE:AYI), TE Connectivity Ltd. (NYSE:TEL), Thomas & Betts Corporation (NYSE:TNB), Dover Corporation (NYSE:DOV), Orion Energy Systems, Inc. (NYSE:OESX), Danaher Corporation (NYSE:DHR), Nexxus Lighting, Inc. (NASDAQ:NEXS), and Littelfuse, Inc. (NASDAQ:LFUS).

(Note: Data regarding Cooper Industries plc’s stock holdings are sourced from All data are assumed to be accurate.)

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