$216,000,000.00 Worth Of Lexmark Stock Sold-Off In Q3 2011

$216,000,000.00 Worth Of Lexmark Stock Sold-off In Q3 2011
Lexmark International: Major Institutional Shareholder Stock Sales in Q3
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Lexmark International Inc. (NYSE:LXK).

SEC data indicate that these institutions significantly reduced their stock shares of Lexmark International Inc. in Q3 2011:

ARTISAN PARTNERS LIMITED PARTNERSHIP: On 06/30/2011, held 8,068,087 shares, worth $216,466,774. On 09/30/2011, held 0 shares.
   
ODMAN & COMPANY, INVESTMENT COUNSEL LTD.: On 06/30/2011, held 547,400 shares, worth $14,686,742. On 09/30/2011, held 0 shares.

BECKER CAPITAL MANAGEMENT INC: On 06/30/2011, held 465,930 shares, worth $12,500,902. On 09/30/2011, held 0 shares.

THOMPSON SIEGEL & WALMSLEY LLC: On 06/30/2011, held 374,408 shares, worth $10,045,367. On 09/30/2011, held 0 shares.

MORGAN STANLEY: On 06/30/2011, held 340,724 shares, worth $9,141,625. On 09/30/2011, held 0 shares.

About the company: Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices and homes. The Company’s products include laser printers, inkjet printers, multifunction devices, and associated supplies, services and solutions. Lexmark’s products are sold in North and South America, Europe, the Middle East, Africa, Asia, the Pacific Rim and the Caribbean.