Fund Exits $5 Million Knife River Position as Stock Drops 31% in One Year

Knife River supplies construction materials and contracting services for public infrastructure projects across multiple U.S. regions.On January 28, Headland Capital disclosed in an SEC filing that it sold out its entire position in Knife River (KNF 0.49%), an estimated $4.89 million transaction based on quarterly average pricing.What happenedAccording to its SEC filing dated January 28, Headland Capital sold all 63,636 shares of Knife River (KNF 0.49%), with the estimated transaction value at approximately ...