Gamco Investors Reduces Stake in Blue Bird Corporation

Institutional investor sells nearly half its shares in school bus manufacturer

Published on Mar. 9, 2026

Gamco Investors INC. ET AL, a major institutional investor, has reduced its stake in Blue Bird Corporation (NASDAQ:BLBD) by 35%, selling 47,735 shares during the third quarter. The fund now owns 88,750 shares, or about 0.28% of the company's stock, valued at $5.1 million.

Why it matters

This sale by a prominent institutional investor could signal a shift in sentiment around Blue Bird, a leading manufacturer of school buses and other mass transit vehicles. Insider and institutional ownership can be an important indicator of a company's future prospects.

The details

According to a 13F filing with the SEC, Gamco Investors sold 47,735 shares of Blue Bird stock during the third quarter. The fund previously owned 136,485 shares, representing a 35% reduction in its position. Blue Bird's stock price has fluctuated in recent months, trading between $30 and $63 over the past year.

  • Gamco Investors sold the shares during the third quarter of 2026.

The players

Gamco Investors INC. ET AL

A major institutional investor that has reduced its stake in Blue Bird Corporation.

Blue Bird Corporation

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

Got photos? Submit your photos here. ›

The takeaway

This reduction in Gamco's position in Blue Bird could signal a shift in investor sentiment around the company, though it's unclear what factors may have driven the sale. Investors will likely be watching to see if other institutional holders make similar moves in the coming quarters.