5 Stocks Billionaire Larry Robbins Just Bought and Sold

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In this piece, we will take a look at the five stocks that billionaire Larry Robbins just bought and sold. To learn more about the billionaire hedge fund boss and all his latest moves, check out 12 Stocks Billionaire Larry Robbins Just Bought and Sold.

5. Global Payments Inc. (NYSE:GPN)

Glenview Capital’s Q3 2023 Investment: $213 million

Bought Or Sold: Sold

Percentage Increase or (-)Decrease: -18%

Global Payments Inc. (NYSE:GPN) is a financial technology company that provides payment solutions to businesses and consumers. Even though the firm has beaten analyst EPS estimates in all four of its latest quarters and its shares are rated Strong Buy on average, Larry Robbins’ Glenview Capital reduced its stake in Global Payments Inc. (NYSE:GPN) in Q3 by 18%.

In the previous quarter, 55 out of the 910 hedge funds profiled by Insider Monkey had bought and owned Global Payments Inc. (NYSE:GPN)’s quarter. Its largest Q3 2023 hedge fund shareholder was William B. Gray’s Orbis Investment Management due to a $824 million stake.

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