Blue Bird Corporation Shares Sold by American Century Companies Inc.

Institutional investor reduces stake in school bus manufacturer by over 40%

Published on Mar. 4, 2026

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American Century Companies Inc. has reduced its stake in Blue Bird Corporation (NASDAQ:BLBD) by 41.1% during the third quarter, according to a recent SEC filing. The firm previously owned 1,334,710 shares of the company's stock, valued at $76.8 million, but sold 932,421 shares during the period.

Why it matters

Blue Bird is a leading manufacturer of school buses and other mass transportation vehicles, so changes in institutional ownership can impact the company's operations and stock performance. This sale by a major investor suggests a potential shift in sentiment around the stock.

The details

According to the filing, American Century Companies Inc. now owns 4.21% of Blue Bird's outstanding shares, down from a previous stake of over 5.5%. The firm cited unspecified reasons for reducing its position in the company. Blue Bird's stock has traded in the $50-$60 range over the past year, closing at $57.53 on Wednesday.

  • The share sale occurred during the third quarter of the company's fiscal year.
  • Blue Bird's stock price has ranged from $30.04 to $62.90 over the past 12 months.

The players

American Century Companies Inc.

A major institutional investor that manages over $200 billion in assets.

Blue Bird Corporation

A leading manufacturer of school buses and other mass transportation vehicles, headquartered in Fort Valley, Georgia.

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The takeaway

This sale by a prominent institutional investor could signal a shift in sentiment around Blue Bird's stock, though the specific reasons behind the move are unclear. As a major player in the school bus industry, changes in Blue Bird's ownership structure are worth monitoring for investors and industry watchers.