Ardsley Partners, a fund founded and managed by Philip Hempleman
, disclosed selling around 17,300 shares of its position in Saba Software, Inc. (OTCMKTS:SABA
). The fund sold the shares in three transactions, with an average price amounting to about $11.50 apiece. Following the disposal of the shares, Ardsley Partners hold around 3.37 million shares of Saba.
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