Cacti Asset Management LLC Increases Stock Holdings in Siemens Gamesa Renewable Energy SA (OTCMKTS:GCTAF)

Cacti Asset Management LLC raised its stake in Siemens Gamesa Renewable Energy SA (OTCMKTS:GCTAF) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,000 shares of the company’s stock after purchasing an additional 1,500 shares during the period. Cacti Asset Management LLC’s holdings in Siemens Gamesa Renewable Energy were worth $1,319,000 as of its most recent SEC filing.

Separately, Advisors Asset Management Inc. purchased a new position in Siemens Gamesa Renewable Energy in the first quarter valued at approximately $94,000.

Shares of GCTAF traded up $0.55 during mid-day trading on Tuesday, reaching $17.20. 410 shares of the company’s stock were exchanged, compared to its average volume of 2,019. The stock’s fifty day simple moving average is $16.76. Siemens Gamesa Renewable Energy SA has a 52-week low of $10.74 and a 52-week high of $18.06.

Siemens Gamesa Renewable Energy Profile

Siemens Gamesa Renewable Energy, SA, together with its subsidiaries, engages in the development and construction of wind farms. It is involved in the engineering, design, production, and sale of wind turbines and related components. It operates through two segments, Wind Turbines and Operation and Maintenance.

Further Reading: Overbought

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