Why One Fund Is Betting Big on NCR Atleos Stock with a $106 Million Stake

Connecticut-based Coliseum Capital Management disclosed the purchase of nearly 1.1 million shares of NCR Atleos (NYSE:NATL) in the third quarter, increasing its position by approximately $60 million, according to a November 14 SEC filing.According to a filing with the Securities and Exchange Commission dated November 14, Coliseum Capital Management increased its stake in NCR Atleos (NYSE:NATL) by 1.1 million shares in the third quarter. The new position totals 2.7 million shares valued at $106.3 million as of September 30.The buy lifted NCR Atleos to 10.4% of Coliseum’s 13F-reported AUM, ranking as its third-largest holding.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool