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LGT Fund Management Co Ltd. Sells 43,181 Shares of The New York Times Company
The institutional investor reduced its stake in The New York Times by over 43% in the third quarter.
Published on Mar. 9, 2026
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LGT Fund Management Co Ltd. decreased its holdings in The New York Times Company (NYSE:NYT) by 43.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,868 shares of the company's stock after selling 43,181 shares during the period.
Why it matters
The New York Times is a major media company, and changes in institutional ownership can signal shifts in investor sentiment and confidence in the company's performance and future prospects.
The details
LGT Fund Management Co Ltd. sold 43,181 shares of The New York Times Company, reducing its stake by 43.2% in the third quarter. The firm now owns 56,868 shares of the company's stock, valued at $3,166,000 at the end of the reporting period.
- LGT Fund Management Co Ltd. filed its 13F report for the 3rd quarter of 2026.
The players
LGT Fund Management Co Ltd.
An institutional investor that manages funds and investments.
The New York Times Company
A publicly traded media organization that publishes The New York Times newspaper and operates the NYTimes.com digital platform.
The takeaway
The reduction in LGT Fund Management's stake in The New York Times Company suggests a potential shift in investor sentiment, which could impact the media company's stock price and future performance.
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