Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Richard Blum’s Hedge Fund Trims Its Exposure to ITT Educational Services

Richard Blum’s Blum Capital Partners recently disclosed trimming its position in ITT Educational Services, Inc. (NYSE:ESI). In a filing with the Securities and Exchange Commission, Blum Capital Partners reported owning almost 3 million shares of ITT Educational Services, the position representing 12.8% of the company, which shows a decrease from 3.3 million shares reported in the fund’s latest 13F. At the current price of the company’s stock, the value of Blum’s position in ITT Educational Services amounts to almost $96 million.

Disclosure: none