Ariel Investments Reports More Moves Into Dover Motorsports, Edgewater Technology & Others

In a flurry of filings, John W. Rogers‘ Ariel Investments has just reported four more moves made into Dover Motorsports, Inc. (NYSE:DVD), Edgewater Technology Inc. (NASDAQ:EDGW), Stanley Furniture Co. (NASDAQ:STLY), and Versar Inc. (NYSEMKT:VSR).

In Dover, Ariel disclosed holding 3.22 million shares, up from 2.0 million mentioned in an earlier filing. The increased position represents 17.5% of Dover’s common stock.

Dover Motorsports, Inc. (NYSE:DVD)

In a second filing, Ariel reported raising its position in Edgewater to some 1.75 million shares, equal to 16.1% of the company’s common stock. In its latest 13F, Ariel’s holding involved almost 1.26 million shares of the company.

Also, Ariel disclosed holding around 2.10 million shares of Stanley Furniture, which represents a new position in its equity portfolio. The new stake amasses 14.5% of the company.

In Versar, Ariel reported picking up its stake to almost 1.61 million shares, compared to 1.26 million held before.

Disclosure: none

Recommended Reading:

Cannell Discloses Holding 5.54M Shares of ValueVision

John Rogers, Ariel Also Disclose a 10.9% Stake in Cumberland Pharmaceuticals

First Eagle Unloads Some Alliant Techsystems