Richard Blum, Blum Capital Cut ITT Educational Services Stake

Richard Blum, ITT Educational ServicesRichard Blum‘s Blum Capital Partners disclosed today that it has sold around 237,300 shares of ITT Educational Services, Inc. (NYSE:ESI). Following the transactions, Blum Capital Partners holds 1.3 million shares of the company. The shares were unloaded in eight trades, at an average price of $31.62 apiece.

Richard Blum

Disclosure: none

Recommended Reading:

Revere Capital Partners Sends Letter to Jaguar Mining’s Board

Jeffrey Gendell is Passively Buying United Bancshares

Jeffrey Schaffer’s Hedge Fund Joins Highland Capital in Affinity Gaming