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Neuberger Berman Group LLC's Strategic Acquisition in CNX Resources Corp
CNXCNX Resources(CNX) Gurufocus·2024-10-05 02:02

Overview of the Recent Transaction On September 30, 2024, Neuberger Berman Group LI.C, a prominent investment firm, exceuted a significant transaction by acquiring 1,238,792 additional shares of CNX Resources Corp (CNX, Financial). This purchase increased the firm's total holdings in CNX to 8,683,119 shares, reflecting a notable portfolio position of 0,23% and a substantial 5.74% ownership in CNX. The shares were acquired at a price of $32.57, marking a strategic addition to Neuberger Berman's diverse inves ...