Legato Capital Management Reduces Werner Enterprises Stake

Hedge fund sells over 34,000 shares of transportation company

Published on Mar. 4, 2026

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Legato Capital Management LLC decreased its holdings in shares of Werner Enterprises, Inc. (NASDAQ:WERN) by 52.5% during the 3rd quarter, according to the company's recent SEC filing. The fund now owns 31,524 shares of the transportation company's stock, down from 66,419 shares previously.

Why it matters

Werner Enterprises is a major transportation and logistics provider based in Omaha, Nebraska. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and the stock's performance.

The details

According to the filing, Legato Capital Management sold 34,895 shares of Werner Enterprises during the third quarter, reducing its stake in the company by over 50%. The fund now holds 31,524 shares valued at $830,000 as of the most recent reporting period.

  • Legato Capital Management decreased its Werner Enterprises holdings in the 3rd quarter of 2026.

The players

Legato Capital Management LLC

An investment management firm that has decreased its stake in transportation company Werner Enterprises.

Werner Enterprises, Inc.

A leading transportation and logistics provider based in Omaha, Nebraska.

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The takeaway

The reduction in Legato Capital Management's Werner Enterprises holdings suggests a potential shift in investor sentiment around the transportation company, though more context would be needed to fully understand the reasons behind the portfolio change.